- 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.
- 26 May 2010:ASML immersion systems reach 'million wafer club' status at Korean memory makers (May 26) - Company releaseASML has announced that four TWINSCAN XT:1900Gi lithography systems have joined its "One Million Wafer Club" of scanners that have processed more than one million silicon wafers within 12 months, underlining the importance and acceptance of this advanced technology in mainstream chip manufacturing.
- 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:Micron Technology sees strong demand for computer memory this year even as major players like Samsung invest billions of dollars to increase production, according to company president Mark Durcan.
- 17 May 2010:Samsung has revealed plans to invest nine trillion won in the memory-chip business, compared with an earlier budget of 5.5 trillion won. Spending on LCDs will rise to five trillion won from three trillion won, it said.
- 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.
- Micron officials did not return phone calls to the Statesman, but Boise fire spokeswoman Lynn Hightower said regular operations at the Micron campus were not affected.
- 26 Apr 2010:
- 23 Apr 2010:Rambus has net profits of US$150.9 million for the first quarter, compared with losses of US$17.4 million in the same quarter last year. Revenues for the quarter soared 492% to US$161.9 million, thanks to a licensing agreement with Samsung.
- 19 Apr 2010:For some time, there has been shortages of DRAMs, causing prices to increase for both DDR2 and DDR3. Now, PC OEMs have reached the boiling point amid the price hikes.
- 9 Apr 2010:A company that bought the former Qimonda plant for a bargain price has announced plans to retrofit the 1.36 million-square-foot facility to host data centers.
- 1 Apr 2010:The IC industry is recovering, but there are also signs of growing chip inventories in the channels. VLSI Research said IC inventories reached US$24.38 billion worldwide in February, a 46% increase from the same month in 2009.
- 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.
- 31 Mar 2010:Elpida CTO said the company is looking to use its 3D TSV technology to expand beyond its DRAM business and supply system solutions developed by stacking memory with RF, sensor or logic devices that would come from partner companies.
- 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.
- 25 Mar 2010:IDC analysts have said the global chip industry will grow in 2010 but offered one of the least optimistic industry revenue forecasts so far this year, saying the global recession remains a problem.
- 17 Mar 2010:Ramifications of slowed manufacturing capacity output and a lack of capital expenditure over the past 24 months, combined with increased demand driven by a hot PC market, has resulted in a very positive environment for DRAM pricing.
- Elpida Memory is expected to return to the black with an operating profit of almost 20 billion yen (US$222 million) for the year ending this month, buoyed by a recovery in DRAM chip prices, according to the Nikkei business daily.
- 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:Applied Materials CFO George Davis recently remarked there is reason to think the second half will see orders from Tier 2 DRAM players, and from some additional segments of the market, in particular NAND flash.
- 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.
- 24 Feb 2010:"It is true that the sector is getting hotter and hotter. But it is premature to say the market will continue the current upbeat mood throughout this year," said Oh-Hyun Kwon, president of the company's chip division.
- 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.
- 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.
- 1 Feb 2010:The company, which receives licensing fees from patents of its memory chip designs, lost US$23.3 million compared with a loss of US$15.5 million in fourth-quarter 2008.
- 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.
- 23 Jan 2010:MoneyToday, citing unnamed industry sources, said that Samsung was expected to set this year's capital expenditure for the semiconductor business at about 7 trillion won (US$6.1 billion). The Korean vendor is also planning a new chip production line in its domestic plant, marking the first time in years that it would add a line.
- 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.
- 20 Jan 2010:Samsung Electronics and Rambus have reached an agreement settling all claims between them and the licensing of Rambus' patent portfolio for all Samsung semiconductor products.
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