SK hynix
SK hynix is a South Korean memory semiconductor company headquartered in Icheon, Gyeonggi Province, that makes DRAM, high-bandwidth memory (HBM) and NAND flash; its shares trade on the Korea Exchange. It began in 1983 as Hyundai Electronics, was later renamed Hynix Semiconductor and joined SK Group in 2012. In the third quarter of 2026 its quarterly revenue exceeded 100 trillion won for the first time.
Contents8 sections
Key facts
1983Founded as Hyundai Electronics
The company dates its founding to October 10, 1983, when it entered the semiconductor business as Hyundai Electronics Industry.[1]
1999–2001LG Semiconductor Acquisition and Renaming
In 1999 Hyundai Electronics acquired LG Semiconductor; it then separated from Hyundai Group and was renamed Hynix Semiconductor.[2]
2012Joining SK Group
In 2012 Hynix Semiconductor joined SK Group, with SK Telecom as its largest shareholder, and was renamed SK hynix; SK chairman Chey Tae-won and chief executive Kwon Oh-chul jointly led the company.[2]
2013–2025Development of HBM
The company’s technology timeline lists the world’s first TSV-based HBM in December 2013, the industry’s first HBM3 supplied to NVIDIANVIDIANVIDIA is an American semiconductor and computing technology company that provides graphics processing units, artificial intelligence infrastructure, networking interconnects, and computing software, and is listed on Nasdaq under the ticker NVDA.Open the full entry in June 2022, volume production of the industry’s first HBM3E in March 2024 and completed development of the world’s first HBM4 in September 2025.[3]
2018Then-Record Revenue and Operating Profit
In 2018 revenue reached 40.4451 trillion won and operating profit 20.8438 trillion won, both records at the time.[1]
July 2026Second-Quarter Results
On July 29, 2026, the company announced preliminary second-quarter revenue of 79.3187 trillion won, operating profit of 60.5426 trillion won and net profit of 93.9226 trillion won; mass shipments of HBM4 began during the quarter.[4]
October 2026Results and Shareholder Returns
On October 28, 2026, the company announced preliminary third-quarter revenue of 104.6155 trillion won, its first quarter above 100 trillion won; operating profit of 83.3338 trillion won (an 80% margin) and net profit of 39.7756 trillion won.[5]
It planned about 100 trillion won in 2026 shareholder returns: at least 30 trillion won in dividends and at least 60 trillion won in buybacks and cancellations, including a completed 40 trillion won buyback announced in August.[6]
The third-quarter dividend was 20,000 won per share, half of it a special dividend from Kioxia investment gains.[5]
The company said its DRAM and HBM output was effectively sold out through 2029.[6]
Sources
- Looking Back at the Shining Moments of SK Hynix on Its 40th Anniversary (opens in a new window)
- [Power Korea] SK Hynix powers up expansion under group's wing (opens in a new window)
- HERITAGE OF TECHNOLOGY (opens in a new window)
- SK hynix Announces 2Q26 Financial Results (opens in a new window)
- SK hynix Announces 3Q26 Financial Results (opens in a new window)
- SK hynix's AI memory 'sold out' through 2029 as profits soar (opens in a new window)