- 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..."
- 18 Jan 2010:"Our goal is to pay back a significant amount of debt while at the same time being able to invest in what we require," said company CEO Kim Jong Kap. "2010 will be a good year for the memory chip industry and the possibility of oversupply seems low."
- 14 Jan 2010:The case in San Francisco County Superior Court centers on allegations by Rambus that Micron Technology, Samsung Electronics and Hynix Semiconductor illegally conspired to boycott technology developed by Rambus and took other actions to block its acceptance.
- 6 Jan 2010:The United Arab Emirates (UAE) government is mulling plans to buy a stake in South Korea's Hynix Semiconductor, according to Dow Jones.
- 28 Dec 2009:Stock market insiders say Samsung Electronics will easily achieve an operating profit of more than two trillion won (US$1.71 billion) and Hynix of more than 600 billion won for the quarter.
- 25 Dec 2009:Hynix Semiconductor has revised upward its capex budget for 2010 to 2.3 trillion won (US$1.95 billion), according to its company filing with the Korea Exchange. In October, it set a goal of more than 1.5 trillion won.
- 23 Dec 2009:Hynix Semiconductor expects to be profitable in 2010 after posting huge losses in the early part of this year, in an indication that an industry downturn is ending and memory-chip business is poised for a recovery.
- 21 Dec 2009:Korea Exchange Bank said on December 20 that the creditors of Hynix Semiconductor will send out invitations to Korean companies Monday (Dec. 21) to seek bids for their combined 28% stake in the chip maker.
- 11 Dec 2009:Hynix Semiconductor plans to invest about 2.3 trillion won (about US$2 billion) in its semiconductor business íV 1.5 trillion won in DRAM and 800 billion won in NAND flash memory and logic íV in 2010, a 130% jump from one trillion won this year.
- 9 Dec 2009:Hynix is slated to boost its production capacity of NAND flash memory at its 12-inch, Cheongju fab (M11) to 90,000 wafers per month in 2010 from the current level of 45,000 units, according to industry sources.
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