BeiDou Support Tops 98% of China's H1 Phone Shipments
The union at SK Hynix Inc. has rejected a preliminary agreement that would have increased salaries and included a portion of bonuses in company shares.
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The union at SK Hynix Inc. has rejected a preliminary agreement that would have increased salaries and included a portion of bonuses in company shares.
Paulina McPadden of Baillie Gifford & Co. expressed support for chip manufacturers like Taiwan Semiconductor Manufacturing Co. and SK Hynix Inc., citing their near-monopoly in advanced chip production over China.
South Korea's Nextrade will temporarily ban orders placed at the daily price limit after recent flash crashes in SK Hynix Inc. shares during pre-market sessions.

South Korean technology stocks, particularly chip manufacturers, experienced significant declines amid growing skepticism about the AI market and an extended chip rout. SK Hynix shares were notably affected, deepening their decline due to an earnings miss, excessive leverage by retail investors, and fears of Chinese competition.
SK Hynix Inc.'s record US listing has contributed to a strong rebound in the won, giving South Korean authorities fresh impetus to encourage exporters to repatriate their overseas dollars.

South Korean chip giant SK Hynix Inc. announced plans to raise up to 43.14 trillion won ($28.14 billion) through a stock offering linked to its American depositary receipts on Nasdaq, revising the amount down from 45 trillion won.

SK Hynix Inc. has placed an order worth 44.2 billion won (US$28.7 million) for new high-bandwidth memory (HBM) production equipment from Hanmi Semiconductor, indicating a potential expansion of HBM4 product manufacturing.

A recent survey in South Korea revealed that SK hynix Inc. is the most preferred company among job seekers, a sentiment attributed to the chipmaker's strong earnings amidst the artificial intelligence boom.
Global investors are seeing a significant reduction in financing costs for leveraged bets on SK Hynix Inc.'s South Korean shares. This drop follows the chipmaker's US listing and a recent selloff in AI-linked stocks.
Financial commentator Jim Cramer voiced his opinion that US markets will regret allowing SK hynix Inc. to operate, suggesting potential negative implications.
Shares of SK Hynix Inc. advanced following an overnight rally in US chipmakers and speculation that the Korean firm may soon announce buybacks and details of a broader shareholder return plan.
SK Hynix Inc., once a leading AI trade, has seen its market value plummet by $470 billion in just over a month, with its potential rebound now heavily dependent on future AI spending.
A US-listed South Korea exchange-traded fund experienced a record inflow as investors used it as a proxy to gain exposure to SK Hynix Inc., whose new American depositary receipts trade at a premium.

SK hynix Inc. expanded its workforce by more than 2,000 positions last year, driven by the surging demand for memory chips fueled by the global artificial intelligence boom, despite an overall slowdown in the job market.

A key executive from U.S. tech giant Nvidia Corp. held meetings with counterparts from Samsung Electronics Co. and SK hynix Inc. to discuss cooperation in physical artificial intelligence.

SK Hynix Inc. has announced a plan to buy back 24.07 million common shares, totaling 40 trillion won. This significant share buyback initiative is aimed at boosting shareholder returns and demonstrating confidence in the company's financial outlook.
South Korean chipmaker SK Hynix Inc. is reportedly evaluating strategic options for its Chongqing, China-based facility, potentially seeking an investor to accelerate its growth.

The South Korean won experienced its fastest monthly appreciation since 2009, primarily due to a significant influx of US dollars into the country's foreign exchange market following SK hynix Inc.'s American depositary receipt offering on the Nasdaq.
SK Hynix Inc.'s American depositary receipts have fallen to a new low, trading below their initial US IPO price following a record-setting debut earlier this month, as investors divest from semiconductor stocks.

SK Hynix Inc. is anticipated to inject a significant amount of US dollars into South Korea's foreign exchange market. This follows the company's successful raising of approximately 40 trillion won ($26.5 billion) through an American depositary receipt offering on Nasdaq.

South Korean chipmaker SK hynix Inc. is reportedly considering expanding its use of artificial intelligence technologies to transform internal work processes, following a similar initiative by rival Samsung Electronics Co.

SK hynix Inc. announced its plan to begin full-fledged supply of advanced storage solutions designed for artificial intelligence tasks to Dell Technologies starting this month.