SK hynix Inc. (or "the company", www.skhynix.com) announced today that its Board of Directors has approved a resolution to repurchase and fully cancel 40 trillion won worth of its own shares. The Company also revealed plans to return "over 50% of cumulative Free Cash Flow (FCF)" generated during the program period (2025-2027), adopting a framework centered on the parallel execution of share repurchases and cancellations alongside cash dividends.Following the Board meeting held earlier today, the Company formally disclosed the share repurchase and cancellation resolution along with the shareholder return plan via a regulatory filing.The decision stems from the assessment that the Company's intrinsic value—underpinned by its business competitiveness, robust cash generation capability, and mid-to-long-term growth potential—is not fully reflected in its current stock price.SK hynix continues to record record-breaking financial performance, maintaining its leadership in the AI memory market. As of the end of the second quarter of this year, the Company's net cash stood at approximately 69 trillion won, demonstrating significantly improved cash generation capability.The total planned amount for the share repurchase is 40 trillion won. Based on the closing stock price of 1,662,000 won on the day prior to the Board resolution, this represents approximately 24.07 million shares, or about 3.3% of total issued shares (730,492,365 shares). The repurchase period is scheduled to run for approximately three months starting August 20, with all repurchased shares set to be cancelled upon completion of the acquisition.This initiative accelerates the execution of the existing shareholder return program ahead of schedule. In November 2024, SK hynix announced a program to execute shareholder returns within the range of 50% of its three-year (2025-2027) cumulative FCF, noting that it would consider early execution prior to the program's expiration if FCF increased meaningfully due to improved operational performance.The 40 trillion won program marks the largest treasury share cancellation ever conducted by a South Korean listed company. The Company noted that progress toward its financial health targets remains on track, affirming its commitment to maintaining a stable financial structure while delivering sustained shareholder value.Through today's regulatory filing, SK hynix announced plans to pursue an expansion of its total shareholder return target from the previous "within 50% of cumulative FCF" to "over 50% of cumulative FCF". Under the framework, shareholder returns will be executed through a dual-track approach running share repurchases/cancellations alongside cash dividends, while options to expand payouts—including the existing fixed dividends and special dividends—are also under consideration.SK hynix emphasized that it intends to pursue additional shareholder returns within the program period through the parallel execution of share repurchases/cancellations and dividends, by taking into account cash flows, market conditions, and distributable profits, adding that specific details regarding scale and execution will be announced following Board approval at the time of its third-quarter earnings release.

The AI industry is entering a new phase centered on inference efficiency and agentic deployment. As AI search, enterprise copilots, autonomous driving, embodied intelligence, AI PCs, AI smartphones, and multi-agent collaboration accelerate, the token has evolved beyond a simple unit for measuring model calls to become a core metric for AI infrastructure efficiency, cost structure, and production capacity. Amid this shift, the value of memory and storage is being redefined.From model loading and KV cache to RAG, vector retrieval, long-context inference, and data accumulation, every critical stage of AI inference and application depends on memory and storage that are high-performance, highly reliable, low-latency, and built to scale sustainably. AI memory and storage are evolving from back-end data repositories into core foundations underpinning token generation, caching, retrieval, scheduling, and data accumulation.At the same time, AI workloads are extending from cloud data centers to edge nodes and end devices, giving rise to a new paradigm of coordinated cloud-edge-device evolution. Breakthroughs in AI-era memory and storage will no longer come from single-point performance gains alone, but from system-level collaboration, ecosystem integration, and supply chain resilience; industry collaboration is moving beyond linear upstream-downstream supply relationships toward a new paradigm of deep alignment and shared growth, built around cloud-edge-device workload demands, joint product definition, scenario validation, supply security, and shared value creation.Against this backdrop, the 5th GMIF Innovation Summit (Global Memory Innovation Forum 2026), themed "The Future Built on AI Memory and Storage," will be held on September 22–23, 2026, in Shenzhen, China. Rooted in the memory and storage supply chain and geared toward new AI infrastructure and cloud-edge-device scenarios, the summit will bring together leading voices across the ecosystem, including players in wafer manufacturing (IDMs), controllers, modules, OSAT, equipment and materials, servers and systems, AI computing, AIDC, cloud services, smart terminals, automotive electronics, and embodied intelligence, along with investment and academia institutions, to explore the trends, demands, and collaborations shaping memory and storage in the AI era.Summit Topics: Exploring New Variables in the Token Economy through the Lens of AI Memory and StorageCentered on the memory and storage industry chain and framed through the lens of the token economy, GMIF 2026 will build a cross-sector exchange platform around AI infrastructure efficiency, cloud-edge-device application expansion, industry ecosystem collaboration, and capital value reassessment.Token Economy: Redefining the Value of Memory and Storage for AI. Examining how memory and storage are evolving beyond capacity resources into critical infrastructure for Token-driven AI, with a focus on AI inference, KV cache, vector retrieval, RAG, long-context inference, and data persistence.Token Economy: Redefining the Value of Memory and Storage for AI. Examining how memory and storage are evolving beyond capacity resources into critical infrastructure for Token-driven AI, with a focus on AI inference, KV cache, vector retrieval, RAG, long-context inference, and data persistence.Cloud-Edge-Device Collaboration: Extending AI Memory and Storage Across New Application Frontiers. Exploring the upgrade of memory architectures and product innovation opportunities driven by diverse AI-demanded scenarios, including AI data centers, edge inference, AI PCs, AI smartphones, AI glasses, intelligent vehicles, embodied intelligence, and multi-agent systems.Global Landscape: Building an Open, Resilient Ecosystem Together. Addressing shifting global industry dynamics and supply chain restructuring, with a focus on data governance, supply diversification, regional collaboration, and long-term sustainability.Industry Capital: Unlocking the Long-Term Value of AI Memory and Storage. Bringing together investment institutions, industry funds, securities firms, listed companies, and innovative enterprises to jointly assess industry cycles, capital logic, and long-term value.Centered on the Memory and Storage Industry Chain, Connecting the New AI Infrastructure EcosystemAs a leading global platform for the memory and storage industry, GMIF connects wafer IDMs, controllers, modules, OSAT, equipment and materials, terminal companies, and channel partners to drive technical exchange and ecosystem collaboration.GMIF connects IDMs, OSAT, controllers, cloud, equipment, & terminals for memory. Credit: SMIAFor 2026, GMIF expands further into compute providers, cloud and AIDC services, large model platforms, the RAG/agent-layer, smart terminals, automotive electronics, and embodied intelligence, strengthening ties between memory & storage and AI infrastructure across cloud, edge, and device.Summit Programs: Keynotes, Rankings, and a Closed-Door Investment ForumThe summit combines keynotes, roundtables, supply-demand matchmaking, product showcases, industry rankings, awards, and global livestreaming.GMIF Innovation Summit (main forum): keynotes from leaders in memory and storage, computing, cloud services, terminals, academia, and investment, focused on AI memory and storage technology, market opportunities, cloud-edge-device expansion, and token efficiency.AI Industry and Investment Forum: a closed-door, invitation-only session on AI memory and storage, enterprise SSDs, compute infrastructure, edge and on-device AI, advanced packaging, and industry M&A.Summit features keynotes, matches, showcases, awards, rankings, & livestreams. Credit: SMIAGMIF 2026 will also present its annual awards across Technology Innovation, Market Services, Industry Contribution, AI Infrastructure, Terminal Applications, and Capital Value. Alongside the awards, the Shenzhen Memory Industry Association — together with the School of Integrated Circuits at Peking University, JWinsights, and other institutions — will release the Memory & Storage Industry Rankings 2026, spanning semiconductor memory & storage, AI optical interconnect, semiconductor equipment, and AI computing.GMIF 2026 presents annual awards and industry rankings for storage & AI. Credit: SMIAA Track Record of Impact: Proven Value as an Industry PlatformSince its launch in 2022, GMIF has grown into a leading annual platform for the global memory & storage industry, connecting wafer IDMs, controller and module makers, OSAT providers, equipment and materials suppliers, terminal companies, investors, and media. GMIF2025 brought together 42+ key companies, showcased 180+ innovative products, presented 37 annual awards, and drew over 1,600 on-site attendees — with total exposure exceeding 420 million impressions and international livestream viewership surpassing 700,000.In 2026, GMIF builds on that momentum, expanding its reach across AI infrastructure, cloud-edge-device applications, and industry capital as it evolves from an annual exchange into a full AI memory & storage industry collaboration platform.Full-Spectrum Media Reach, Amplifying the Industry's VoiceGMIF 2026 will run an integrated communications campaign — features, short video, online and offline advertising, and outreach through 50+ central, financial, and semiconductor/memory vertical media outlets — to bring the AI memory & storage conversation to decision-makers, technologists, and investors alike.Full-Spectrum Media Reach, Amplifying the Industry's Voice. Credit: SMIALet AI memory and storage be our starting point — together, let's explore the new value the token economy brings to the industry, and witness memory and storage step onto the center stage of AI infrastructure.Join us September 22–23, 2026, as the 5th GMIF Innovation Summit convenes in Shenzhen.Registration is now open. We welcome industry professionals, technology leaders, and ecosystem partners to join us. Registration, awards submission and for more information about GMIF, please visit.

For Malaysian engineering students entering their final semesters, the transition from academia to the professional world can feel daunting. Nicholas Tan Peng Gen, a Computer Engineering graduate from Asia Pacific University (APU), found himself at that exact crossroads just a year ago. Today, he is thriving as a Firmware Engineer at Phison Electronics' subsidiary MaiStorage in Malaysia, contributing to semiconductor R&D that powers storage devices globally. In a recent interview, Nicholas shared his journey of landing a role at Phison through the Taiwan Semiconductor Job Fair in Malaysia, the steep but rewarding learning curve of R&D work, and why more Malaysian students should consider global IC design houses like Phison to kickstart their careers.The Gateway: A "Two-for-One" Career OpportunityThe Taiwan Semiconductor Job Fair was organized as part of Taiwan's efforts to strengthen international semiconductor talent connections. Through initiatives supported by Taiwan's Industrial Development Administration (IDA), Ministry of Economic Affairs, Taiwanese semiconductor companies and academic institutions were brought together overseas to connect with promising STEM talents, introduce career opportunities, and build long-term talent partnerships with local universities.Nicholas's journey began when his university lecturers shared details about the Taiwan Semiconductor Job Fair. One lecturer even chartered a bus to ensure the entire class could attend. For Nicholas, who was seeking industry experience but was also curious about further studies, the fair proved to be an eye-opener."It wasn't just a regular job fair. It is an absolute must-attend because it's a rare 'two-for-one' opportunity. You aren't just getting face-to-face access to industrial heavyweights; you're also interacting directly with academic institutions from Taiwan offering funded master's and PhD programs," he said.Walking into the fair, Nicholas secured a direct live screening session, allowing him to have a genuine conversation with Phison's recruitment team rather than simply submitting a resume through an online portal.Shedding "Vibe Coding" for Real-World EngineeringTransitioning from university projects to a global semiconductor firm brought a fundamental shift in perspective. Nicholas noted that in university, students often get by with short-term, loosely structured code as long as it functions by the deadline.At Phison, the standards are stringent. Every line of code must possess meaning, clarity, and purpose so that it remains readable and robust before being deployed on actual hardware. This completely eliminates what modern developers refer to as "vibe coding," because guessing or patching on the fly is highly risky when dealing with complex controller chips. Instead, engineers must trace code step by step and thoroughly understand the system architecture, backed by a rigorous peer-review process where technical logic is closely scrutinized by experienced senior engineers to rapidly accelerate a junior engineer's competence.Why Phison? Full-Stack Architecture Exposure with a Strong Support SystemOne of the key advantages of joining a prominent Taiwanese multinational like Phison from its Malaysian branch is the depth of technical support available. When tackling highly complex technical issues, local teams are never isolated - they have direct access to decades of foundational expertise and the engineering resources of Phison's Taiwan headquarters.Furthermore, rather than being confined to a single, repetitive task, firmware engineers at Phison are given ownership of the full development pipeline. They read and interpret core design specifications, implement advanced features, write testing scripts, verify across multiple hardware platforms, and execute end-to-end debugging. Handling the full pipeline naturally trains engineers to think like system architects, enabling them to see the bigger picture of how their code interacts with physical hardware - making them versatile professionals much faster, Nicholas said.This borderless collaboration also cultivates strong cross-cultural communication skills. Nicholas noted that while Mandarin is commonly used, teams regularly converse in English and utilize translation tools, making the language barrier a manageable factor. Learning to document complete code-tracing workflows for cross-border engineering teams rapidly builds global competitiveness.Life at Phison Malaysia: A 9-out-of-10 ExperienceWhen asked to rate his job satisfaction at Phison Malaysia, Nicholas gave it a 9 out of 10. The semiconductor industry is fast-paced and demanding, but the work environment allows engineers to maintain clear boundaries and protect their personal time. Working at Phison's established branch in Malaysia offers a premier international career path without requiring graduates to relocate away from their families, making it a compelling option for local talent.The company culture also fosters supportive autonomy. Team members are highly collaborative, and while senior engineers are always available to troubleshoot, they challenge junior engineers to bring their own analysis to the table first - fostering independence and professional accountability.Advice to Graduating StudentsAs global demand for semiconductors surges - driven by the explosive growth of AI hardware - Malaysia's semiconductor ecosystem is rapidly moving up the value chain from back-end assembly and packaging into high-value R&D and IC design.For students weighing their next career steps, Nicholas offered one definitive piece of advice regarding the upcoming career fair: "Just go. You might walk out of there with a lot more clarity for your future. Taking on challenges early in your career helps you grow much faster, and the skills you build at an international standard with Taiwanese companies such as Phison are instantly transferable worldwide."From a university student seeking his first career opportunity to a firmware engineer contributing to global semiconductor products, Nicholas's journey demonstrates how international talent engagement can create new pathways for young engineers to connect with Taiwan's semiconductor industry.Through collaboration among Taiwan's semiconductor companies, academic institutions, and global STEM talent communities, more students like Nicholas can discover opportunities within Taiwan's semiconductor ecosystem and contribute to the next generation of semiconductor innovation worldwide.