Vice Chairman Park Jung-ho: "10th Anniversary of SK Hynix, Commitment to Building a 100-Year Company Together"

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Park Jung-ho, Vice Chairman and CEO of SK Hynix, is explaining the company's future growth direction at the 10th anniversary event of SK Hynix held on the 31st at the headquarters in Icheon, Gyeonggi Province.

[Asia Economy Reporter Sunmi Park] "Being confined to the current framework of a memory semiconductor manufacturing company limits the ability to increase corporate value. Going forward, we will evolve beyond developing high value-added products to become a solution provider that proactively identifies and resolves customers' pain points."

Jung-ho Park, Vice Chairman of SK Hynix, said this on the 31st at the 10th anniversary event held at the headquarters in Icheon, Gyeonggi Province, presenting "evolution into a solution provider through ultra-collaboration that breaks existing frameworks" as the company's future growth direction.

SK Hynix marked exactly 10 years since changing its name from Hynix Semiconductor and launching as an SK Group affiliate on March 26, 2012. The commemorative ceremony held under the theme "10 years together, 100 years to build together" was conducted both online and offline to comply with COVID-19 prevention guidelines. About 50 people including Vice Chairman Park Jung-ho, President No Jung-won, and President Kwak No-jung attended in person, while other employees participated through interactive online communication.

Chairman Chey Tae-won delivered a video message saying, "Overcoming uncertainties 10 years ago, SK Hynix has now become a world-class semiconductor company," and expressed his reflections and gratitude for all members who made this possible, calling them stars in his life.

Vice Chairman Park added, "We will join forces with any competitive partner beyond borders and industries to discover growth engines," and said, "We will develop the R&D center to be built in the U.S. into a platform for collaboration with global ICT experts." Last year, SK Hynix announced plans to invest over 1 trillion won to establish an open innovation-oriented R&D center in the western United States.

SK Hynix has also initiated efforts to build a family-friendly corporate culture. They plan to activate the in-house Career Growth Program (CGP), significantly expand support for domestic and overseas master's and doctoral programs, increase exchange work opportunities with global business sites, and establish new linkage programs with overseas universities and companies such as Stanford in the U.S. Additionally, the scope of the "Technical Expert System," which allows outstanding technical talents to work without retirement age, will be expanded to include equipment experts in production sites. Alongside this, the company will also focus on nurturing semiconductor ecosystem talent through its in-house university (SKHU) and expanding partnerships with domestic and international universities.

Prioritizing the happiness of employees and their families, SK Hynix will strengthen support to harmonize 'work-life balance.' They will introduce a three-month childcare leave system for children entering elementary school, extend the shortened working hours during pregnancy to cover the entire pregnancy period, and establish medical expense and leave systems related to infertility.

Starting in April, the company will implement 'Happy Friday.' Employees who work more than 80 hours over two weeks can take a recharge day on the third Friday of each month without using vacation days. Moreover, the company is planning a 'Global Hub Office Expansion Program' to provide employees with a work environment free from time and space constraints.

Vice Chairman Park emphasized, "We will establish a family-friendly corporate culture and become a global top-tier company that grows together with employees' families."

This content was produced with the assistance of AI translation services.