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Hynix

Hyundai Electronics
Company nameHynix Semiconductor Inc.
Company typePublic
IndustrySemiconductor
Founded1983
HeadquartersIcheon, South Korea
Key peopleOcheol Kwon (CEO)
ProductsDRAM, NAND Flash
Revenue(+) US$ 6.8 billion (2010)
Net income(-) US$ 298.4 million (2010)
Employees17130

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Hynix Semiconductor Inc. (Kse - 000660) of South Korea is a memory semiconductor supplier of dynamic random access memory ('DRAM') chips and flash memory chips, Hynix is the world's second-largest memory chipmaker, the largest being Samsung Electronics. Formerly known as Hyundai Electronics, the company has manufacturing sites in Korea, the U.S., China and Taiwan. The company's shares are traded on the Korea Stock Exchange, and the Global Depository shares are listed on the Luxemburg Stock Exchange. Hynix memory is used by Apple Inc. in some of their MacBook and Macbook Pro computers, is an OEM provider for IBM System x servers, and is used in PC desktops as well as the ASUS Eee PC. In 2011, Hynix is due to release an 84-nm pitch memory project for the production of 1-Gbit phase-change memories and beyond.


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