[New Year's Message] Kwak Nojeong "This Year Marks the First Year of SK Hynix Renaissance... Let's Become the Leaders of ICT Innovation"

"Last Year, Established as the Key Player Most Sought After by Global AI Customers"

Kwack No-jeong, CEO of SK Hynix, announced that the company will become a key player in innovation across the entire information and communication technology (ICT) sector, including artificial intelligence (AI), in the new year. To respond to the global uncertainty crisis, the company plans to focus on profitability-driven business operations and secure future markets through bold investments.

Nojung Kwak, President and CEO of SK Hynix / Photo by SK Hynix

In his New Year's address on the 2nd, CEO Kwack stated, "Last year was a period where we strengthened our unity as one team and accumulated the power to soar toward a greater future," adding, "The AI era, ushered in by the emergence of Chat GPT, has brought significant changes across society."

He continued, "AI, which has become the foundation of all industries and cultures, will be a core element of global competitiveness," reflecting on last year's achievements: "Through top-tier technological competitiveness recognized in the market, centered on high-bandwidth memory (HBM), we have established ourselves as a first mover in the AI era and a key player that global AI customers seek first."

This year, he urged not to be complacent with current achievements but to lead AI innovation based on efforts to develop new technologies and expand markets. He also emphasized the need to further strengthen the company's position in the market by focusing on customer satisfaction through continuous technological innovation.

CEO Kwack said, "With ongoing global uncertainties, crises have become a daily reality," adding, "To overcome this, we will strengthen our fundamentals through profitability-focused business operations and simultaneously make bold investments in next-generation technologies and products to secure future markets."

He also emphasized, "Now is the time to make a great leap toward tomorrow," and expressed his hope that "2024 will be the first year of the SK Hynix Renaissance, becoming a key player driving the winds of ICT innovation."

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