Seoul, Korea, July 2, 2001

hynix Semiconductor Inc. (hynix, www.hynix.com) announced yesterday that it had completed the official spin-off of its LCD and telecommunication system operation.

With its better-than-expected asset sales totaling 460 billion won for the first half 2000, the disposal of spin-off on all non-core businesses further demonstrates the success of the Company’s restructuring efforts.

< Business Restructuring Process: spin-off non-semiconductor operation >
From earlier this year, hynix has spun off all non-core business units. For the telecom business, the Company separated handsets ( Hyundai Curitel Inc., ADSL ( Hyundai Networks Inc.) and system operations( Hyundai SysComm Inc.). The LCD business has been spun-off as ‘Hyundai Display Technology, Inc. (HYDIS)’. The Company’s satellite service (Space Broadband Corporation), customer service (Hyundai Digitech Service Co., Ltd., HDS) and administrative supporting unit (ASTEC Co., Ltd) have also been separated. On June 30, hynix transferred the sales rights of the telecommunication system operation, following formation of the new company on June 11.

This company is called Hyundai SysComm Inc., specializing in CDMA mobile communication equipment manufacture. It has appointed Mr. H.K. Park, former executive vice president of telecommunication system operation at hynix as the CEO. hynix had filed the LCD business registration documents to form the new company on May 30 and has completed the legal procedure transferring all sales rights to the new corporation on June 14. July 1 is the official spin-off date for ‘Hyundai Display Technology, Inc. (HYDIS)’ a specialist LCD company with an estimated 1 trillion won in assets. Mr. B.D.Choi, former senior vice-president of the LCD unit has been named as CEO of the Company. Through the active business restructuring and spin-off, Hynix has reduced the number of its employees from 22,000 earlier this year to 15,000 as of now.

The completion of these spin-offs once again demonstrates the Company’s commitment to restructuring, hynix remains as a focused semiconductor company.

About hynix Semiconductor Inc.

hynix Semiconductor Inc.(hynix) of Ichon, Korea, is an industry leader in the development, sales, marketing and distribution of high-quality semiconductors (including DRAM, SRAM, Flash memory and system IC devices), telecommunications and liquid crystal displays. The Semiconductor Group of hynix is the world’s largest DRAM supplier with 11 semiconductor manufacturing facilities worldwide, and production capacity of over 300,000 wafer starts per month. In addition, hynix is expanding its system IC business unit with leading technology and added deep-submicron foundry services to strategically broaden its overall semiconductor presence and achieve its goal of leading the global semiconductor market. Based in Korea, hynix maintains development, manufacturing, sales and marketing facilities strategically located worldwide. More information on hynix Semiconductor Inc. and its products is available from the company’s web site at www.hynix.com.

### “These materials are not an offer for sale of the Securities in the United States. The Securities may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. hynix Semiconductor Inc. does not intend to register any portion of the offering in the United States or to conduct a public offering of Securities in the United States.”

The post hynix Semiconductor Completes All Spin-Offs with its LCD and Telecommunication System Operation Separation. first appeared on SK hynix Newsroom.

Seoul, Korea, May 30, 2001

hynix Semiconductor Inc. (hynix, www.hynix.com) announced yesterday that it is to spin-off its Telecommunication System operation, following the recent separation of handset and ADSL operations early in May.

This move will complete the spin-off of all the businesses in the Telecommunications Unit by the end of first half of this year. A new corporation will be established in June and be officially launched July 1. System operation sales were 94.5 billion won last year. Mr. Hang Gu Bahk, Executive Vice President of the former telecommunications unit will be appointed to manage the new company. He has worked at the Electronics and Telecommunications Research Institute (ETRI) as head of the Mobile Telecommunications research department.

Mr. Park joined Hyundai Electronics in 1997. hynix completed the spin-off of non-core business units such as the satellite service and customer service operation. With the recent separation of the handset, ADSL and system operation divisions, hynix has reaffirmed its continuing commitment to restructuring solely as a focused Semiconductor company.

About hynix Semiconductor Inc.

hynix Semiconductor Inc.(hynix) of Ichon, Korea, is an industry leader in the development, sales, marketing and distribution of high-quality semiconductors (including DRAM, SRAM, Flash memory and system IC devices), telecommunications and liquid crystal displays. The Semiconductor Group of hynix is the world’s largest DRAM supplier with 11 semiconductor manufacturing facilities worldwide, and production capacity of over 300,000 wafer starts per month. In addition, hynix is expanding its system IC business unit with leading technology and added deep-submicron foundry services to strategically broaden its overall semiconductor presence and achieve its goal of leading the global semiconductor market. Based in Korea, hynix maintains development, manufacturing, sales and marketing facilities strategically located worldwide. More information on hynix Semiconductor Inc. and its products is available from the company’s web site at http://www.hynix.com.

### “These materials are not an offer for sale of the Securities in the United States. The Securities may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. hynix Semiconductor Inc. does not intend to register any portion of the offering in the United States or to conduct a public offering of Securities in the United States.”

The post hynix Semiconductor to spin-off Telecommunication System Operation first appeared on SK hynix Newsroom.

Seoul, Korea, December 22, 2000 – Hyundai Electronics Industries Co., Ltd. (HEI) announced yesterday that it had been awarded Telecommunications Leadership (TL) 9000 certification, a standard for quality management in the telecommunications field.

Following a four-day audit by British Standards Institution (BSI) Inc. begun 12 December 2000, HEI received the certificate for its Code Division Multiple Access mobile handsets and local/overseas service. BSI is expected to issue HEI the physical certificate next month. TL9000 certification represents a telecommunications industry standard as set by the Quality Excellence for Suppliers of Telecommunications (QuEST) Forum last November. By adding some eighty-three requirements to the existing ISO9001 classification, TL9000 becomes the more stringent of the two, creating a compelling new technological challenge. HEI is the first Korean member of the QuEST Forum. With TL9000 certification, mobile handset excellence by HEI is now officially recognized. The company is creating the best quality assurance program in the telecommunications industry, encompassing planning, development, manufacturing, sales, and service. Additionally, HEI plans to implement a product management system (‘Life Cycle Model’), reporting quarterly on eleven metrics. About Hyundai Electronic Industries Co., Ltd. Hyundai Electronics Industries Co., Ltd. (HEI) is an industry leader in the development, manufacture, sales, marketing, and distribution of high-quality Semiconductors (including DRAM, SRAM, Flash memory, and system IC devices), Telecommunications products, and Liquid Crystal Displays. The Telecommunications Business Unit of Hyundai provides high quality CDMA wireless networks, handsets, and Digital Subscriber Line (DSL) central office and customer premise equipment. All are produced at the Hyundai ISO9001-certified large-scale production facility in Ichon, Korea. In 1996, Hyundai provided wireless systems for the first commercially deployed CDMA network. Korea continues to account for a large portion of the world’s CDMA subscribers. Building on this experience, Hyundai offers a full line of CDMA wireless network solutions deployed worldwide for mobile voice and data, wireless offices, and for wireless local loop in traditional and packet networks at 800, 1800, and 1900 MHz. Hyundai currently holds a major market share of DSL central office and customer premise equipment in Korea, one of the world’s largest growth markets. Based in Korea, Hyundai maintains development, manufacturing, sales, and marketing facilities strategically located worldwide. Hyundai Electronics America (HEA) is a U.S. subsidiary of Hyundai Electronics Industries Co., Ltd. HEA is headquartered at 3101 North First Street, San Jose, CA 95134. For more information on Hyundai Electronics Telecommunications products, call (408) 232-8700 or visit the Hyundai Electronics¢â web site at http://www.hei.co.kr.

The post Hyundai Electronics awarded Telecommunications Leadership 9000 certification first appeared on SK hynix Newsroom.