10th Anniversary of SK Hynix: Evolving into a Solution Provider Based on 'Ultra-Collaboration'

A view of the SK Hynix semiconductor factory located in Icheon, Gyeonggi-do.

SK Hynix, celebrating its 10th anniversary this year, has set its future growth direction as evolving into a solution provider through "ultra-collaboration that breaks existing frameworks." At the recent 10th anniversary event, Park Jung-ho, Vice Chairman of SK Hynix, emphasized, "We will join forces with any competitive partner beyond borders and industry walls to discover growth engines."

SK Hynix is seeking new growth engines by collaborating with leading global ICT players. As part of this, since January this year, SK Hynix, SK Square, and SK Telecom have formed the 'SK ICT 3-Company Alliance,' aiming to create synergy across various ICT fields such as semiconductors, 5G, and AI.

SK Hynix is also strengthening the competitiveness of its existing businesses through active M&A. In December last year, it completed the first phase of acquiring Intel's NAND business, stepping up as a leading company in the global NAND market. This is expected to be a turning point that dramatically enhances the competitiveness of SK Hynix's NAND business, which had been lagging behind DRAM, propelling it to a world-class level.

In October last year, SK Hynix signed a contract to acquire the foundry company 'Ki Foundry,' aiming to boost its system semiconductor competitiveness. Through the acquisition of Ki Foundry, SK Hynix's foundry production capacity is expected to double.

Large-scale investments for the future are also underway. SK Hynix is promoting a project to build four state-of-the-art semiconductor fabs worth 120 trillion KRW in the Wonsam-myeon area of Yongin. With the establishment of the Yongin cluster, it is expected that about 25,000 high-quality jobs will be created, including personnel from over 50 material, parts, and equipment partner companies. SK Hynix plans to build the Yongin semiconductor cluster to secure global competitiveness and contribute to revitalizing South Korea's semiconductor ecosystem.

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