SK hynix participated in Dell Technologies World (DTW) 2023 in Las Vegas, USA for four days between May 22-25 to showcase its latest memory technologies and products.

SK hynix’s booth at DTW 2023

DTW is the largest annual event hosted by Dell Technologies that brings together various global IT companies to unveil their latest developments that will drive future technology trends. This year’s slogan from SK hynix “Don’t bet on luck, bet on our Tech!” evokes the spirit of the host city Las Vegas and emphasizes the message that the company will continue creating and exploring diverse technologies for the new era of big data.

SK hynix, which has participated in the event since 2019, presented a variety of its latest technologies and products. First, the company unveiled PS1010, a PCIe¹ Gen5-based eSSD that will be applied to Dell Technologies’ server products. The company also demonstrated the performance of its new cSSD, PC801, in a Dell desktop to showcase the company’s evolving technology.

¹ Peripheral Component Interconnect Express (PCIe): A serial-structured, high-speed I/O interface used in the mainboard of digital devices.

SK hynix showcasing its CXL memory and HBM3

In addition, SK hynix displayed its CXL² memory through a demonstration on a real server and held a joint exhibition of its HBM3³ and NVIDIA’s H100 GPU. Used for AI chatbots, NVIDIA’s H100 GPU has adopted HBM3 to realize next-generation performance levels.

² Compute Express Link (CXL): A PCIe-based, next-generation interconnect protocol to effectively establish high-performance computing systems.

³ High Bandwidth Memory (HBM): A high-value, high-performance memory solution that vertically interconnects multiple DRAM chips with TSV to dramatically increase the data processing speed in comparison to traditional DRAM products. HBM3 is the fourth-generation product, succeeding the previous generations HBM, HBM2 and HBM2E.

Throughout the event, SK hynix provided visitors with a look at its diverse portfolio of solutions including several DRAM product lines such as its DDR5 modules for servers and PCs, LPDDR5X for mobile devices, and GDDR6 graphics memory. Other products included eSSDs with various form factors like E1.S, U.2, M.2 22110, and M.2 2280. New cSSDs such as PC801 and BC901 were on display as well, while Consumer SSDs such as P31 and P41 were also featured in the booth. Additionally, SK hynix presented PCIe Gen4 NVMe⁴-based enterprise and cSSDs from its subsidiary company, Solidigm.

⁴ Non-Volatile Memory Express (NVMe): As a communication protocol for storage devices based on the PCIe interface, NVMe can achieve speeds of up to six times or more compared to the existing SATA interface—making it suitable for ultra-high speed, large data processing tasks.

Eung-bo Shim, a technical leader in charge of next-generation memory development, presenting the concept and strengths of CXL memory

SK hynix went on to hold a breakout session that introduced the role and future of its CXL memory technology. “CXL memory is a solution that increases the bandwidth compared to existing DRAM products to improve performance. This technology enables the capacity to be expanded more easily than ever before and will soon become commercially available,” said Eung-bo Shim,  a technical leader responsible for next-generation memory development at SK hynix. “As a product that has strengths in reliability, security and maintenance, it will be used in various servers in the future.”

By attending global events like DTW down the road, SK hynix plans to continue strengthening its partnerships with key customers and introducing its new products on the world stage.

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The post [CES 2023] SK hynix Presents Its Green Digital Solution (Video) first appeared on SK hynix Newsroom.

SK Group’s Vision of a Carbon-Free Future

Figure 1. SK hynix and seven other affiliates of SK group presented their ‘Net Zero’ aspiration under the slogan “Together in Action”.

SK companies have teamed up with 10 US-based partners to present their booth under the slogan “Together in Action,” the group’s message to turn their Net Zero aspiration into action. At CES 2022, the group committed to reduce carbon emissions by 200 million tons by 2030, or 1% of the global carbon reduction targets while maintaining its goal of achieving Net Zero by 2050.

This year, eight of SK’s affiliate companies are showcasing a total of 40 carbon reducing technologies as part of the group’s vision of a carbon-free future. SK hynix is expected to attract major tech customers and experts to its booth with its “Green Digital Solution,” the theme of its product lineup at this year’s event.

A Green Digital Solution

Figure 2. SK hynix is exhibiting a range of new and core products which offer significant performance improvements while lessening their environmental impact.

SK hynix is exhibiting a range of new and core products at this year’s CES which will offer significant improvements in performance and energy efficiency while lessening the impact on the environment. These products meet the growing needs of global tech companies which are requiring more powerful memory solutions for evolving advanced technologies such as AI, Big Data, autonomous driving, and the Metaverse.

The focal point of SK hynix’s exhibition is the PS1010 E3.S, the company’s latest enterprise solid-state drive (eSSD) which is being launched at CES 2023. The product features multiple 176-layer 4D NAND flash technology that supports PCIe 5.0 (Peripheral Component Interconnect Express) interface. The PS1010 E3.S, which includes a self-developed controller and firmware, offers increased reading and writing speed of 130% and 49%, respectively, compared to the previous generation of products. Moreover, as its performance per watt is 75% more efficient than its predecessors, it will help to reduce server operating costs and cut carbon emissions. The product is set to strengthen SK hynix’s competitiveness in the NAND sector.

Visitors to SK hynix’s booth can also see its HBM3, the world’s best-performing DRAM developed and mass produced by the company in an industry-first. As a Gen 4 HBM (High Bandwidth Memory) product, it offers increased data processing speeds compared to existing DRAMs, while also improving power efficiency by 23% compared to HBM2. Displayed alongside the HBM3 is another leading innovation, the GDDR6-AiM. This AI accelerator offers its own computational capabilities that significantly increase certain computation speeds and reduces energy consumption by 80% compared to existing products.

Last summer, SK hynix reinforced its superiority in Compute Express Link (CXL) solutions by developing its first DDR5 DRAM-based CXL memory samples which have flexible expansions of memory capacity and performance. The company also collaborated with SK Telecom to produce its Computational Memory Solution (CMS), the industry’s first CXL memory that’s integrated with computational functions. SK hynix’s CXL portfolio, which is planned to be mass-produced later this year, can also be seen at CES.

Sustainability Initiatives

Figure 3. Visitors experienced SK hynix’s innovative technology presented under the theme of a “Green Digital Solution”.

It is clear from the SK hynix product lineup at CES 2023 that the company is focused on simultaneously pushing the limits of technology while promoting sustainability in order to solve market and environmental challenges. These products align with SK hynix’s overall ESG strategy which drive the company’s future plans.

One of the key aspects of SK hynix’s ESG initiatives is undoubtedly the PRISM framework which was unveiled last year to enhance its ESG management. Detailing SK hynix’s ESG goals, PRISM relays the message that the company will transparently communicate with stakeholders while also reflecting its goal of spreading a positive influence around the world.

As a leader in the semiconductor industry’s fight against climate change, SK hynix joined the Semiconductor Climate Consortium (SCC) as a founding member last October. The SCC is the first global consultative body formed to reduce greenhouse gas emissions throughout the semiconductor value chain. SK hynix’s efforts to tackle greenhouse gases are further exemplified by its carbon footprint certification for its eSSD and cSSD products. Issued by the U.K. climate change organization Carbon Trust last summer, the certification assesses the impact of carbon emissions throughout the entire lifecycle of a product.

Building a Greener Tomorrow

Figure 4. SK hynix is working with other SK affiliates to build a greener tomorrow.

At a time when people are concerned about the environmental impact of their products, SK hynix is responding to their needs with its range of energy-efficient, high-performance products displayed at CES 2023. SK hynix is using this opportunity to discuss with fellow industry insiders and tech consumers about key industry and environmental issues to build a greener tomorrow.

The post SK hynix Presents Its Green Digital Solution at CES 2023 first appeared on SK hynix Newsroom.

The companies’ joint sponsorship of Dell Technologies World underscored their partnership and resolve to pool their capabilities to address customers’ most pressing storage needs and strengthen synergies in the global memory solutions market. This is Solidigm’s first conference appearance. Having launched as a new company at the end of 2021, Solidigm’s name reflects its intent to be a new paradigm in solid-state storage, delivering customer-inspired solutions.

Image 1. Shared booth of SK hynix and Solidigm at Dell Technologies World 2022

At the shared booth (#408), SK hynix highlighted its data center solutions and green technology, displaying an array of HBM3, GDDR, DDR5-based DIMM, PCIe Gen4 NVMe client SSD, and PCIe Gen5 NVMe enterprise SSD.

Image 2. SK hynix showcasing its data center solutions and green technology at Dell Technologies World 2022

The booth also showcased SK hynix’s corporate ESG activities and eco-friendly memory lines to enable stronger performance with less power, reflecting a commitment to sustainable business and environmentally responsible products.

Image 3. Solidigm promoting its industry-leading QLC portfolio at Dell Technologies World 2022

Nearby, Solidigm promoted its industry-leading QLC portfolio, spanning client and data center. “Solidigm was honored to share a booth with SK hynix at Dell Technologies World and to showcase our industry-leading products together,” said Paul Obsitnik, Solidigm’s Chief Marketing and Communications Officer. “The joint team educated attendees about our partnership and the strength of our combined portfolio. We heard a lot of enthusiasm for what we will create together going forward.”

Image 4. Jin Lim, Vice President at SK hynix presenting at Dell Technologies World 2022

The companies also took the stage together during breakout sessions. SK hynix presented its Solidigm partnership strategy and ESG journey, and Solidigm explained its vision and technological readiness for meeting the diverse requirements of SSDs tailored to specific workloads.

“It has been a satisfying experience for us to closely collaborate with Solidigm as one team to prepare the joint participation at Dell Technologies World 2022 for the past months,” said SK hynix manager who organized the exhibition of the shared booth. “We are excited and expect to deliver more to our audience in the future, together.”

Together, SK hynix and Solidigm will continue to maximize synergies and forge ahead as leaders of a new memory and storage paradigm.

The post SK hynix and Solidigm Make First Joint Appearance at Dell Technologies World 2022 first appeared on SK hynix Newsroom.

The meeting hosted by the Vice Chairman and Co-Chief Executive Officer Park Jung-ho and the President and Chief Marketing Officer Kevin (Jongwon) Noh was attended by more than 200 employees following recent reopening of the U.S. subsidiary office. Over food and beverages provided outdoor at the campus, the employees were pleased with a rare opportunity to mingle with the top leaders, looking back on the past achievements and hear directly from the leaders on where the company is headed for next.

Also commemorating the 10th anniversary of SK hynix’s inclusion into the broader SK Group and a successful launch of Solidigm following acquisition of Intel’s NAND and SSD business, Park shared his views on the performance and vision of the U.S. operations for the years ahead and awarded teams and individuals with outstanding performance.

The meeting came at a critical time when SK hynix America is preparing for a new chapter in business following a rapid growth in the past decade. With SK hynix planning to expand its presence in the U.S. as part of its Inside America strategy, SK hynix America is expected to serve as the hub for the U.S. operations. By gaining a foothold with potential partners in the local market, the company hopes to gain an edge on industry trends, establish a technology exchange network, and cooperate with U.S. higher-education institutions.

“We’re celebrating our 10-year anniversary, but this is just the beginning. SK hynix America has taken on a meaningful role, especially in the realm of IT innovation,” Vice Chairman Park said. “We shouldn’t limit our role to a hardware (memory chip) provider. We should be proud that we’re providing freedom to software.”

Making Its Presence Felt

SK hynix America was launched in 2012 following rebranding of the U.S. operations of Hyundai Electronics, which started in 1983.

While much of the U.S. business centered around product and component sales and distribution in the past, the company has been solidifying its position in the high-performance memory market more recently by shifting focus to include computer servers and HBM.

SK hynix America has also achieved a quality growth over the past 10 years by diversifying its customer base to include a wide range of top-tier global technology companies. With its leadership in value-added products like HBM expected to grow further, SK hynix America will be given full support from the top management to act like an independent entity instead of being a simple sales arm of the headquarters, Park said.

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NEWS HIGHLIGHTS

• SK hynix and Solidigm unveil their first technology and product collaboration, which combines SK hynix’s 128-layer NAND Flash with Solidigm’s SSD controller and firmware expertise.
• Together, SK hynix and Solidigm will continue to optimize both companies’ operations to create synergies and partnership.
• Additionally, the collaboration between SK hynix and Solidigm reflects their commitments to strengthening their investments in US R&D, as part of SK hynix’s “Inside America Strategy.”

San Jose, California, April 4th, 2022, and Seoul, South Korea April 5th, 2022

Today SK hynix and Solidigm jointly introduced their first collaborative product, a new enterprise solid-state drive (eSSD), P5530. This limited release product highlights the emerging partnership between SK hynix and Solidigm, which formed three months ago when SK hynix acquired Intel’s NAND and SSD business.

The P5530 combines SK hynix’s 128-layer 4D NAND flash with Solidigm’s SSD controller^* and firmware supporting a PCIe^* Gen 4 interface. The product is offered in 1TB, 2TB, and 4TB capacity options. SK hynix and Solidigm worked together to optimize performance with specific data center use cases and targeted deployments in mind.

Since the launch of Solidigm, the companies have partnered to forge a forward-moving strategy and co-develop products while reinforcing common values across the companies. Through the ongoing partnership and collaboration with Solidigm, SK hynix expects to enhance its NAND flash business competitiveness to the same extent as its DRAM business.

“With in-time demonstration of the collaborative product based on the combined competence of SK hynix and Solidigm, we aim to not only enhance our NAND flash business competitiveness but also speed up our “Inside America” strategy,” said Kevin (Jongwon) Noh, President and Chief Marketing Officer (CMO) at SK hynix. “SK hynix and Solidigm will continue to partner in order to optimize both companies’ operations to create greater synergies.”

“In our early days of Solidigm, we’re pleased to be forming a strong collaboration with SK hynix. Together, we’re united in optimizing our products to provide unparalleled solutions for our customers. The P5530 is just the first example of what will come from our industry-defining partnership as we solidify our leadership across the NAND industry and create a new paradigm for solid state storage,” said Rob Crooke, Chief Executive Officer at Solidigm.

About SK hynix Inc.

SK hynix Inc., headquartered in Korea, is the world’s top-tier semiconductor supplier offering Dynamic Random Access Memory chips (“DRAM”), Flash memory chips (“NAND Flash”), and CMOS Image Sensors (“CIS”) for a wide range of distinguished customers globally. The Company’s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxembourg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.

About Solidigm

Solidigm is a leading global provider of innovative NAND flash memory solutions. Solidigm technology unlocks data’s unlimited potential for customers, enabling them to fuel human advancement. Our origins reflect Intel’s longstanding innovation in memory products and SK hynix’s international leadership and scale in the semiconductor industry. Solidigm became a standalone U.S. subsidiary under SK hynix in December 2021. Headquartered in San Jose, CA, Solidigm is powered by the inventiveness of more than 2,000 employees in 20 locations worldwide. For more information about Solidigm, please visit https://www.solidigm.com and follow us on Twitter at @Solidigm and on LinkedIn.

Media Contact

SK hynix Inc.
Global Public Relations

Technical Leader
Jaehwan Kevin Kim
E-Mail: global_newsroom@skhynix.com

Technical Leader
Kanga Kong
E-Mail: global_newsroom@skhynix.com

Solidigm
Corporate Affairs

Rhonda Foxx
press@solidigmtechnology.com

Catherine Roberts
press@solidigmtechnology.com

The post SK hynix and Solidigm Introduce First Collaborative Product first appeared on SK hynix Newsroom.

^*SK hynix initially began as Hyundai Electronics Co., Ltd in 1983, but the company re-branded itself as SK hynix Inc. after joining SK Group in 2012.

At the site of the 10^th anniversary event, our newsroom looked back on the journey SK hynix has taken so far and predicted its future path through the messages delivered by its leaders.

The growth story of SK hynix since 2012: Challenges & Innovations

The commemorative ceremony held under the theme of “Past 10 Years We Built Together & Next 100 Years We Will Build Together” took place in a hybrid form that combined on-site and online attendance to comply with Covid-19 prevention rules. Park Jung-ho, Vice Chairman and co-CEO, Kwak Noh-Jung, President and co-CEO, Kevin (Jongwon) Noh, President and Chief Marketing Officer (CMO) and other SK hynix executives attended the site along with the winners of SK hynix Awards while the members of overseas sites including the US, Wuxi and Chongqing in China, as well as those of Junior Board and Leader Board joined remotely. The event was live streamed online for interactive communication with all members of SK hynix.

At the ceremony, SK hynix members and stakeholders looked back on the past 10 years and shared the vision for the next 100 years to be built together. Congratulatory messages from SK hynix’s leaders and various stakeholders including customers, partners, and communities were delivered before opening the main event of the ceremony.

“Overcoming the uncertainty 10 years ago, SK hynix has now grown into one of the top global chipmakers,” said Chey Tae-won, Chairman of SK Group in a video message. “Its members who made SK hynix as we know today possible are like stars in my life.” Chairman Chey shared his thoughts on the past decade in his congratulatory message.

Figure 1. Changes of SK hynix over the last 10 years (as of Dec. 31, 2021)

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SK hynix was formerly known as Hynix Semiconductor Inc. from March 2001 until it renamed and launched as SK hynix Inc. on March 26, 2012, officially taking the first step of the 10-year journey. The memory chipmaker, which had a market cap of only 13 trillion won at that time, has grown into a global company with a market cap of almost 100 trillion won in 10 years.

Its revenue and operating profit have also dramatically grown over the years. SK hynix recorded 43 trillion won in revenue and 12.4 trillion won in operating profit last year. The memory chipmaker which used to go through the cycle of profit and loss has now become a flagship affiliate of SK Group with operating profit of over 10 trillion won per year.

The number of jobs created by SK hynix has continued to increase over the last decade. Moreover, the number of SK hynix employees is expected to further increase as it plans to hire at a large scale this year even though the job market is frozen amid the COVID-19 pandemic.

Aggressive investment has been the driving force behind the remarkable growth of SK hynix. SK Group has invested tens of trillions won in equipment and facilities since the acquisition of SK hynix. It constructed M14 fab in 2015, and then M15 fab in 2018 and completed the construction of M16 at Icheon Campus in February 2021. Notably, SK hynix introduced EUV process to M16 fab for the first time of its history, providing the chipmaker with the foundation to produce the next generation DRAM based on cutting-edge infrastructure.

In addition, a large-scale semiconductor cluster construction project is currently underway in Yongin, South Korea, where SK hynix plans to build four semiconductor fabs at a cost of 120 trillion won on a site of about 4.47 million square meter. Along with SK hynix, more than 50 domestic and foreign semiconductor materials, parts, and equipment suppliers are expected to move into the Yongin semiconductor cluster.

SK hynix has also continued to make strategic investments over the last decade to maintain its leadership in the global chip market. It has been active in investment to gain strong competitiveness in technology and sustainable foundation as a way to further cement its status as an industry leader. For instance, the company made equity investment in Kioxia (formerly known as Toshiba Memory Corporation) in 2017 and announced the acquisition of Key Foundry, an 8-inch wafer foundry manufacturer in October last year with an eye on the potential of the foundry market.

SK hynix recently announced a big deal of acquiring NAND and SSD business from Intel. It expects the deal will dramatically boost its competitiveness in NAND flash business. “The acquisition presents us an opportunity to take our NAND flash business to the global top tier as well as an opportunity to solidify our position as a global leading tech company,” said Vice Chairman Park after the announcement of the deal.

Figure 2. A look back on the past 10 years of SK hynix

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The 2021 SK hynix Awards ceremony, which awards those who contributed remarkably to the mid- to long-term achievements at SK hynix, also took place on this day.

“Our evolution as a solution provider and the goal of achieving a family-friendly corporate culture will realize the vision of next 100 years”

Image 3. Vice Chairman Park speaking at the 10th anniversary ceremony

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The future vision and plan of SK hynix was shared too at the ceremony under the title of “Next 100 Years We Will Build Together.”

Vice Chairman Park, who led the acquisition of Hynix Semiconductor Inc. and has been serving as SK hynix co-CEO since last year, presented a future vision that will drive the company to “leap beyond the past decade and move toward a 100-Year Global top tier Company.”

Image 4. Vice Chairman Park speaking at the 10th anniversary ceremony

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Vice Chairman Park put a special emphasis on hyper collaboration that breaks conventional boundaries and evolution toward a solution provider. “We are willing to work together with any partners – if they are competitive, transcending the boundaries of nations and industries to drive growth,” said Mr. Park. “The R&D center to be built in the US will be a place where we collaborate with global ICT leaders.” Last year, the chipmaker announced that it will invest over 1 trillion won to build R&D center for open innovation in the western US.

“Confining us to the framework of being a semiconductor memory maker limits our ability to enhance corporate value,” he continued. “Going forward, we must go beyond developing value-added products and evolve into a solution provider which finds customers’ pain points and solves them proactively.”

He also stressed that “by establishing a family-friendly corporate culture, SK hynix will become a global top-tier company with our members and their families together.” Programs with specific thematic items such as ‘becoming a company world’s best of best can be proud of,’ ‘building family-friendly corporate culture,’ and ‘flexible working and the innovation at our working environment’ will be implemented to elevate the culture of the company, according to Mr. Park.

The post Past 10 Years We Built Together & Next 100 Years We Will Build Together : 10th Anniversary of SK hynix first appeared on SK hynix Newsroom.

• The company held an on/offline event to commemorate the 10th anniversary of joining SK Group.
• “SK hynix has grown into one of the top global chipmakers,” said Chey Tae-won, Chairman of SK Group in his congratulatory message.
• “SK hynix seeks to transform into a company which prioritize the happiness of its members and their family,” said Park Jung-ho, Vice Chairman and co-CEO of SK hynix.

Figure 1. Park Jung-ho, Vice Chairman and co-CEO at SK hynix Speaking during the 10th Anniversary Ceremony

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Seoul, March 31, 2022

On March 31^st KST, SK hynix Inc. (or ‘the Company,’ www.skhynix.com)held an event to commemorate the 10^th anniversary of its launch at its headquarters in Icheon, South Korea. 10 years ago on March 26, 2012, SK hynix renamed from ^*Hynix Semiconductor and was launched as an affiliate of SK Group.

^*SK hynix was formerly known as Hynix Semiconductor Inc. from March 2001, but the company re-branded itself as SK hynix Inc. on March 26, 2012 after joining SK Group.

The ceremony held under the theme of “Past 10 Years We Built Together & Next 100 Years We Will Build Together” took place in a hybrid form that combined on-site and online attendance to comply with Covid-19 prevention rules. About 50 people including Park Jung-ho, Vice Chairman and co-CEO, Kwak Noh-Jung, President and co-CEO, and Kevin (Jongwon) Noh, President and Chief Marketing Officer (CMO) at SK hynix attended on site while the rest of its members joined remotely for the interactive event.

“Overcoming the uncertainty 10 years ago, SK hynix has now grown into one of the top global chipmakers,” said Chey Tae-won, Chairman of SK Group in a video message. “Its members who made SK hynix as we know today possible are like stars in my life.” Chairman Chey shared his thoughts on the past decade in his congratulatory message.

Vice Chairman Park presented “the evolution into a Solution Provider with hyper collaboration that breaks conventional boundaries for cooperation” as the company’s vision for future growth. “We are willing to work together with any partners – if they are competitive, transcending the boundaries of nations and industries to drive growth,” said Mr. Park. “The R&D center to be built in the US will be a place where we collaborate with global ICT leaders.”

Last year, the chipmaker announced that it will invest over 1 trillion won to build R&D center for open innovation in the western US.

“Confining us to the framework of being a semiconductor memory maker limits our ability to enhance corporate value,” he continued. “Going forward, we must go beyond developing value-added products and evolve into a solution provider which finds customers’ pain points and solves them proactively.”

Vice Chairman Park also stressed that “by establishing a family-friendly corporate culture, SK hynix will become a global top-tier company with our members and their families together.”

◆ A company world’s best of best can be proud of

SK hynix sets out to promote Career Growth Program (CGP), encourage supports for master’s and doctorate programs, expand exchanges among global sites, and establish new programs linked to overseas companies and universities including Stanford. In addition, SK hynix aims to expand its “Technology Experts Program”, a program which promotes outstanding engineers and allows them to work beyond the regular retirement age, to the equipment experts in the field.

At the same time, the chipmaker intends to expand partnership with its internal educational institute SK hynix University (SKHU), as well as with domestic and overseas universities to foster talents in semiconductor ecosystem.

◆ Building family-friendly corporate culture

With a top-priority on the happiness of its members and their families, SK hynix sets out to launch initiatives designed to help its members strike a balance between work and life. A three-month leave to take care of children entering elementary school, expansion of the period of shortened working hours during pregnancy, benefits/leave policies for infertility treatment will be implemented.

The company plans to make itself a family-friendly company and contribute to solving social issues such as the low birth rate and career interruption of female talents.

◆ Flexible working and the innovation at our working environment

The company decided to streamline working hours and reduce constraints on workspace to innovate the way people work. To this end, it will implement ‘Happy Friday’ program starting from April 2022. Those who have worked 80 hours or more for the first two weeks of each month can take one day off on the third Friday once a month without using the days of leave originally given to them.

In addition, the company is considering ‘Global Work from Anywhere’ system that provides its members with a working environment without time and space constraints. The system will help members reduce disruption to their career due to such as the relocation of their family member while enabling the company to avoid loss of talents and improve a collaborative environment among global sites.

Further decisions were also made by the company including the introduction of limousine commuter buses, significant improvement to the in-house cafeteria meals, while transforming the cafeterias into complex cultural spaces.

The 10^th anniversary event was packed with various programs which included messages delivered by Chairman Chey and Vice Chairman Park, congratulatory videos from Icheon community and SK hynix Award 2021 ceremony.

About SK hynix Inc.

SK hynix Inc., headquartered in Korea, is the world’s top tier semiconductor supplier offering Dynamic Random Access Memory chips (“DRAM”), Flash memory chips (“NAND Flash”) and CMOS Image Sensors (“CIS”) for a wide range of distinguished customers globally. The Company’s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxembourg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.

Media Contact

SK hynix Inc.
Global Public Relations

Technical Leader
Jaehwan Kevin Kim
E-Mail: global_newsroom@skhynix.com

Technical Leader
Kanga Kong
E-Mail: global_newsroom@skhynix.com

The post On the 10th Anniversary of SK hynix Launch, Vice Chairman Park Pledges to Build Next 100 Years Together first appeared on SK hynix Newsroom.

At CES 2022, SK Telecom, SK Square and SK hynix announced the launch of the ‘SK ICT Alliance’ to jointly develop and invest in ICT convergence technologies, and create global market opportunities.

The alliance comes as SK hynix celebrates the tenth year since joining the SK Group and SK Square successfully spun off from SK Telecom, marking the beginning of a new era of synergies between semiconductor, telecommunication and investment.

With the aim to secure global competitiveness in diverse ICT areas such as semiconductors, 5G and AI, the three companies plan to carry out joint business activities in the global market by leveraging SK Square’s innovative investment, SK Telecom’s AI and 5G technologies and SK hynix’s future semiconductor technologies.

From January 2022, the three companies will operate ‘Synergy Council’ chaired by Vice Chairman Park Jung-ho, and joined by Ryu Young-sang, CEO of SK Telecom, and Lee Seok-Hee, CEO of SK hynix. The Synergy Council will be the highest decision making body, where the executives discuss R&D cooperation and joint investments in semiconductor and ICT areas, and promote global market expansion.

Increasing the presence of SK Telecom’s self-developed AI semiconductor SAPEON

SK Telecom, SK Square and SK hynix will first create synergies in introducing SK Telecom’s AI chip SAPEON* to the global market. The three companies will jointly invest to establish SAPEON Inc. in the U.S. and make inroads into the global AI semiconductor market.

* SAPEON is SK Telecom’s self-developed AI chip launched in November 2020. Although it is about half the price of a Graphics Processing Unit (GPU), its deep learning computation speed is 1.5 times faster and it uses 20% less power than GPU.

SK Telecom plans to lead the development of SAPEON-related technologies by leveraging its R&D capabilities and service experience accumulated in 5G and AI. In the mid-to long-term, the company will expand its SAPEON model lineup by developing AI chips dedicated to data centers and autonomous driving.

SK Telecom will also promote synergies between its AI semiconductor and SK hynix’s semiconductor memory technologies, while also attracting strategic and financial investors in cooperation with SK Square.

SAPEON Inc. will serve as an outpost for expanding the AI semiconductor business to the global market by attracting U.S.-based big tech companies as major clients. It will also secure an edge in luring semiconductor development experts and drawing in outside investors. Moreover, as the subsidiary of SAPEON Inc., SAPEON Korea will take charge of business in Korea and the Asian region.

Projecting that the convergence of AI and metaverse will define the future world of ICT, SK Telecom plans to innovate its three key services, T Universe, Ifland and AI Agent, in an accelerated manner. Moreover, it will also introduce new services by adding connected intelligence to future devices such as UAM aircrafts, self-driving cars and robots.

“By proactively responding to changes taking place in the areas of AI, metaverse and 5G, we will prepare ourselves for the next decade,” said Ryu Young-sang, CEO of SK Telecom.

Creating an ICT investment capital of over KRW 1 trillion

SK Telecom, SK Square and SK hynix plan to establish a base to make investments overseas this year and attract investment from overseas financial investors to create and operate a total investment capital of over KRW 1 trillion. Detailed discussions on investments are already underway with prominent global investors.

With this investment capital, the three companies will actively invest in companies with innovative technologies such as AI, metaverse, block chain and semiconductors.

Through these investment activities, they will be able to stay ahead of the convergence trend within the ICT industry and discover unicorns that can change the industrial landscape, which will lead to valuable business synergies.

SK Telecom and SK hynix will be able to strengthen business partnerships with the companies they invested in or even secure an advantage in the acquisition of these companies in the future. SK Square expects to build a good track record as an investment company, while increasing its corporate value.

According to market research company Mergermarket, the size of the global buyout market reached around KRW 1,400 trillion (USD 1.172 trillion) in 2021, increasing by about twofold from the previous year. Industries are being rapidly reorganized via M&As between global companies, and those that fail to keep up with this trend are left behind the competition.

SK hynix to increase its global market presence through ‘Inside America’ strategy

SK hynix aims to become a top global tech company that leads the rapidly changing ICT industry.

Recently, the semiconductor market is witnessing more diversified demand from sectors like AI, autonomous driving and metaverse, and pluralization is taking place within the system architecture field like CPU, GPU and MPU. Since the existing law of competition no longer applies to this market, it is imperative for companies to develop new business models and technologies to remain competitive.

With the acquisition of Intel’s NAND and SSD business, SK hynix is now fully set to strengthen the competitiveness of its NAND flash business. The company also aims to break away from its existing role as a semiconductor supplier and become a company that leads future technologies along with global ICT companies.

Moreover, SK hynix will carry out its ‘Inside America’ strategy in the U.S., world’s largest ICT market and battlefield, to enhance its business competitiveness and expand into new partnerships. It will also establish a new business unit and R&D center in the U.S. Based on SK hynix’s competitiveness, the three companies expect to strengthen their collaboration with global ICT companies.

“SK hynix will take a leap to become a top-notch global tech company by offering more innovative technologies and products, and creating value for the society and humanity,” said Lee Seok-Hee, CEO of SK hynix.

Meanwhile, SK Square plans to accelerate the creation of synergies among the three companies by making innovative investments. In response to SK hynix’s moves towards global market expansion and new technology development, SK Square will make joint investments in the semiconductor ecosystem. In parallel, it will increase its investment in platforms that will drive future innovations such as metaverse and blockchain.

SK Square will also enter the new global block chain market by leveraging Korbit, a virtual asset exchange it recently invested in, and build a blockchain-based economic system in collaboration with SK Telecom’s metaverse platform Ifland.

“This year, the SK ICT Alliance will join forces to achieve new innovations and make a big leap forward in the global market,” said Park Jung-ho, Vice Chairman and CEO of SK Square and SK hynix. “As leading players in the global semiconductor and ICT industries, we will also make best efforts to contribute to the Korean economy.”

About SK Telecom

SK Telecom (NYSE:SKM) is Korea’s leading ICT company, driving innovations in fixed & wireless telecommunications, AI service, and digital infrastructure service. Armed with cutting-edge ICT including AI and 5G, the company is ushering in a new level of convergence to deliver unprecedented value to customers. As the global 5G pioneer, SKT is committed to realizing the full potential of 5G through ground-breaking services that can improve people’s lives, transform businesses, and lead to a better society.

SKT boasts unrivaled leadership in the Korean mobile market with over 30 million subscribers, which account for nearly 50 percent of the market.

For more information, please contact skt_press@sk.com or visit our LinkedIn page www.linkedin.com/company/sk-telecom.

About SK hynix Inc.

SK hynix Inc., headquartered in Korea, is the world’s top tier semiconductor supplier offering Dynamic Random Access Memory chips (“DRAM”), Flash memory chips (“NAND Flash”) and CMOS Image Sensors (“CIS”) for a wide range of distinguished customers globally. The Company’s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxembourg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.

Media Contact

Irene Kim
SK Telecom Co., Ltd.
Manager
+82 2 6100 3867
gahaekim@sk.com

Ian Kim
SK Square
Project Leader
+82 2 6100 7088
yjoon.kim@sk.com

Jaehwan Kevin Kim, Kanga Kong
SK hynix
Technical Leader
global_newsroom@skhynix.com

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