- 13 Oct 2010:"Memory chip prices are expected to continue their downtrend even through the first half of next year, but they will likely bounce back from the middle of the second quarter," said Kwon Oh-hyun, president of Samsung's semiconductor division. Hynix CEO Kwon Oh-chul echoed his view, but said a price rebound may not start until the second half of 2011.
- 5 Oct 2010:"In the DRAM sector, Hynix, which focuses its production on 44-nano DRAM products, aims to finish its development of 38-nano products within this year for mass production early next year," a company spokesman said.
- 17 Sep 2010:LG Group said on September 17 it will not buy Hynix Semiconductor, dismissing market speculation that the group will join a bidding race for the purchase of a major stake in the memory chipmaker.
- 13 Aug 2010:Hynix said in a filing to the Korea Exchange that it plans to invest 677.0 billion won (US$572.7 million) to expand an existing facility.
- 5 Aug 2010:Hynix will pay an estimated US$422.89 million for the 19.3% stake in the China-based joint venture, Hynix-Numonyx Semiconductor, according to Micron.
- 25 Jun 2010:Thirty-three states, including California, have reached a US$173 million settlement with six DRAM makers alleged to have fixed prices for their products between 1998 and 2002. The companies named in the lawsuit are Micron Technology and NEC Electronics America as well as Infineon Technologies, Hynix Semiconductor, Elpida Memory and Mosel Vitelic.
- 15 Jun 2010:Hynix Semiconductor has said it would invest 456 billion won (US$373.4 million) to boost and upgrade its production capacity.
- 10 Jun 2010:The US Court of Appeals for the Federal Circuit in Washington has rescheduled hearings for Oct. 7. Rambus has been involved in long-standing disputes with Hynix and Micron over patent infringement as well as antitrust issues.
- 9 Jun 2010:Creditors rescued Hynix after it almost collapsed in 2001 under the weight of its debts. However, they have since struggled to find a local strategic buyer for Hynix, having excluded foreigners from the auction because of worries about sensitive technology information leaking outside of the country.
- 31 May 2010:Hynix Semiconductor said on May 31 it would raise its capital expenditure by a third to 3.05 trillion won (US$2.5 billion) this year to take advantage of a strong recovery in the global technology sector.
- Surging memory market shake up top-20 chip vendors in 1Q10, says IC Insights (May 27) - Company releaseToshiba, Hynix, Micron and Elpida all moved up at least one position in the top 20 list, with Elpida jumping six spots.
- 20 May 2010:The Commission has adopted a decision settling a cartel investigation and imposing a fine totalling about 331 million euros (US$409 million) on Samsung, Hynix, Infineon, NEC, Hitachi, Mitsubishi, Toshiba, Elpida and Nanya.
- 19 May 2010:"Current strong market conditions will last for at least another three or four quarters...we are considering raising (capital investment for this year) by 20-30%," according to Hynix CFO Kim Min-chul.
- 18 May 2010:European Union regulators are expected to fine nine makers of memory chips, including Samsung, Infineon and Hynix, this week on charges of illegally fixing prices. Others set to be fined are Elpida, NEC Electronics, Hitachi, Toshiba, Mitsubishi and Nanya.
- 12 May 2010:Hynix Semiconductor has said it sold 5-year bonds worth US$500 million abroad that could be converted into its shares at 34,580 won apiece.
- 7 May 2010:Hynix Semiconductor's board has approved the issuance of 557.9 billion won in five-year convertible bonds to secure operating funds and expand production capacity.
- 26 Apr 2010:
- 6 Apr 2010:In the NAND flash rankings for 2009, there is a surprise vendor on the list. According to Web-Feet Research, Samsung Electronics remained the leader in NAND flash in terms of share, followed in order by Toshiba and then SanDisk. SanDisk was ahead of Micron, Hynix and Intel.
- 1 Apr 2010:Hynix Semiconductor plans to reduce its debt by one trillion won (US$870m) in 2010 due to forecasts for record sales and supply shortages in the global semiconductor industry.
- 30 Mar 2010:Hynix Semiconductor has appointed Oh Chul Kwon as the new CEO of the company.
- 29 Mar 2010:Hynix Semiconductor is targeting record revenues in 2010, driven by tight memory chip supply conditions, according to OC Kwon, who took over as Hynix's chief executive on Monday.
- 16 Mar 2010:Hynix Semiconductor creditors sold a 923.2 billion won (US$814 million) stake in the world's second-largest maker of computer-memory chips after three failed attempts.
- 12 Mar 2010:Hynix Semiconductor has said it would invest 465 billion won (US$410 million) to expand and upgrade its production capacity and research and development.
- 28 Feb 2010:The deal will end years of litigation between companies - like Micron Technology, Hynix Semiconductor and Infineon Technologies - and indirect purchasers of DRAM memory chips, which includes California and several other states.
- 26 Feb 2010:Hynix Semiconductor creditors named Kwon Oh Chul as the new CEO of the world's second-largest maker of computer-memory chips. They also plan to sell 8% of Hynix in the first half of 2010 and another 5% in the second half if they fail to find a buyer.
- 12 Feb 2010:Leading shareholders of Hynix Semiconductor have attracted no bid for the memory chipmaker's controlling stake by the extended deadline and will likely have to unload a large chunk of their US$3.1 billion stake into the market.
- Creditors of memory-chip maker Hynix Semiconductor plan to name a new chief executive to replace Kim Jong-Kap, whose three-year term ends in March 2010.
- 10 Feb 2010:"We didn't use any of Samsung Electronics' copper-based processing technology in our memory lines. Hynix is confident we will be cleared of such allegations in court," CEO Kim Jong-kap told The Korea Times.
- That's good news for Samsung, but bad news for its memory rivals that use ASML's tools, such as Elpida, Hynix, IM Flash, Micron, Nanya and others. NAND rival Toshiba is said to use scanners from Nikon.
- 9 Feb 2010:Hynix Semiconductor has claimed it has developed a NAND flash memory chip using 26nm process technology, designed to hold 64 gigabits of data.
- 8 Feb 2010:The world's top two DRAM chipmakers have reiterated their bullish stance toward the market for 2010. But Hynix expressed a slight concern regarding oversupply at a time when rivals are ramping up their production.
- 5 Feb 2010:Prosecutors have arrested two executives from Applied Materials in Seoul, South Korea on charges of allegedly stealing Samsung process technology details and passing them on to Hynix.
- Intel wants to avoid the cyclical, market share game in the NAND flash chip sector against the likes of Samsung, Hynix and Toshiba. But Intel dropped hints it wants to unseat Samsung as the No. 1 player in SSDs.
- 4 Feb 2010:European Union regulators are to charge ten memory chipmakers, including Samsung Electronics, Infineon and Hynix Semiconductor, with fixing prices in breach of EU antitrust rules.
- 1 Feb 2010:Creditors rescued Hynix after it almost collapsed in 2001 under the weight of its debts. Spurred on by the company's strong turnround and a brighter outlook for the semiconductor sector, creditors have been anxious to sell to recoup their original investment worth US$4.6 billion.
- 29 Jan 2010:Hynix creditors get no bids for stake by deadline (Jan 29) - Dow Jones (via The Wall Street Journal)Korea Exchange Bank has confirmed that the creditors of Hynix Semiconductor failed to receive any bids for their stake in the chip maker by the deadline.
- 27 Jan 2010:A person familiar with the situation has told Dow Jones Newswires that the stake sale process hasn't been going well with no particular company showing an interest in the Hynix stake.
- 25 Jan 2010:Hynix Semiconductor has agreed to pay US$3.32 million to settle a claim in the US accusing the company of price-fixing on memory chips, according to a US court record.
- 22 Jan 2010:A settlement between Samsung Electronics Co. (005930.SE) and Rambus Inc. (RMBS) in their long-running legal battles could push co-defendents Micron Technology Inc. (MU) and Hynix Semiconductor Inc. (000660.SE) to do the same, instead of risking billions in potential damages.
- 19 Jan 2010:"We are open to any country, not just the UAE, to invest in the company..."
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