SK hynix

SK hynix Inc. is a global semiconductor company specializing in the design, development, and manufacturing of memory and storage products. The company's core product portfolio consists of dynamic random-access memory (DRAM) and NAND flash memory, which are essential components for a wide range of electronic devices, including smartphones, personal computers, servers, and data centers. SK hynix is a major supplier in the high-bandwidth memory (HBM) market, producing advanced HBM3 and HBM3e chips that are critical for artificial intelligence (AI) accelerators and graphics processing units (GPUs). In 2024, HBM accounted for over 40% of the company's total DRAM revenue, driven by demand from major AI hardware providers. The company also produces enterprise solid-state drives (eSSDs) and complementary metal-oxide-semiconductor (CMOS) image sensors. Geographically, SK hynix generates the majority of its revenue from the United States and China, which accounted for approximately 55% and 30% of its sales in the first half of 2024, respectively. The company operates major fabrication facilities in Icheon and Cheongju, South Korea, as well as in Wuxi, Chongqing, and Dalian, China, and is expanding its footprint with new investments in the United States. SK hynix competes in a highly consolidated market alongside Samsung Electronics and Micron Technology.