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SK Hynix

KRX:000660
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170 stories mentioning SK HynixUpdated 1d ago

SK Hynix shares jumped on reports it is eyeing a US Nasdaq listing in August, while chip-plant expansions face delays from a concrete-transport workers' strike.

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Asia

Asian AI Stocks Plunge on CEOs' Calls for Slowdown in Development

Asian artificial intelligence-linked stocks fell Monday after AI leaders called for a slower and safer pace of development and additions of guardrails.Japan's Softbank (TYO:9984), an investor of OpenAI, slumped 11% during the close of trade on Monday. Chipmaker Kioxia (TYO:285A) slid 6%, while Tokyo Electron (TYO:8035) fell 1%.Taiwan Semiconductor Manufacturing Corp. (TPE:2330) closed 1% lower.South Korean chipmaking giant SK Hynix (KRX:000660) tumbled 6% and Samsung (KRX:005930) slid 4%.In China, Zhongji Innolight's Hong Kong shares (HKG:3008) plunged 9%, while its Shenzhen (SHE:300308) shares declined 5%. Changxin Memory Technologies (SHA:688825) also slid 4%. Semiconductor Manufacturing International Corp.'s (HKG:0981, SHA:688981) Hong Kong and Shanghai shares fell 3%.Z.ai or Knowledge Atlas Technology (HKG:2513) fell 9%, while Minimax (HKG:0100) slid 7%.The plunge comes after Anthropic co-founder Dario Amodei called on AI companies to slow the pace of development, according to a blog post released on X on Saturday. SpaceXAI's Elon Musk and OpenAI CEO Sam Altman agreed with Amodei.Altman also said his company will not proceed with IPO plans due to safety concerns.

HKG:0100HKG:0981HKG:2513HKG:3008KRX:000660KRX:005930SHA:688825SHA:688825HKG:0981SHA:688981SHE:300308TPE:2330TYO:285ATYO:8035TYO:9984
Asia

Market Chatter: SK Hynix, Samsung Electronics Decline KEPCO's Five-Year Electricity Bill Prepayment Plan

SK Hynix (KRX:000660) and Samsung Electronics (KRX:005930) have declined Korea Electric Power's (KRX:015760) proposal to prepay five years of electricity bills, Yonhap News reported Monday, citing industry sources.The South Korean power company proposed a 20 trillion won prepayment from Samsung and 5 trillion won from SK Hynix, based on their electricity payments last year.SK Hynix declined to comment, while Samsung Electronics and Korea Electric Power did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Asia

Market Chatter: Kioxia Dismisses Prospect of Deeper Manufacturing Ties with SK Hyni

Japan-based semiconductor memory manufacturer Kioxia Holdings (TYO:285A) has dismissed the prospect of deeper manufacturing ties with a rival and stakeholder, SK hynix (KRX:000660), Bloomberg News reported Thursday, citing Chief Executive Hiroo Ota.The two memory chipmakers are expanding production capacity to meet high-order demand from artificial intelligence service providers, fuelling double-and triple-digit price increases.The CEO said deeper ties would face antitrust hurdles and complicate ongoing operations at its jointly owned production facilities with Sandisk Corp.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

KRX:000660TYO:285A
Asia

Market Chatter: SK hynix Union to Revote on Rejected Wage Deal Next Week

Unionized workers at SK hynix (KRX:000660) will hold a two-day revote starting next Tuesday on a tentative wage agreement that was turned down three weeks ago, Yonhap News Agency reported on Thursday.Details of what has changed since the prior proposal will be shared at a union delegates' meeting today, said the publication.The earlier deal included a 6.3% pay raise and a revised incentive structure, with 40% paid in cash and 60% in company shares subject to staggered selling limits, the report said.SK hynix did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

KRX:000660
Asia

South Korean Shares Hit Five-Week High on Chip Stock Gains; Samsung Adds 6%, SK Hynix Jumps 8%

South Korean shares jumped nearly 5% at at Monday's close, hitting a five-week high, as OpenAI launched its next‑generation AI model, which lifted demand for AI‑related and semiconductor stocks.The Korea Composite Stock Price Index, or Kospi, increased by 308.18 points, or 4.6%, to close at 6,995.39. The Kosdaq also rose by 8.69 points, or 1.1%, to close at 822.19.Shares of market bigwigs Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) added 6% and over 8% at market close.In corporate news, CS Wind (KRX:112610) secured a contract worth roughly 151 billion won with Vestas American Wind Technology on Friday for the supply of wind turbine structures. The order is valid until July 2, 2027.Shares of CS Wind gained 4% at market close.LG Electronics (KRX:066570) denied media reports that its U.S. unit Bear Robotics is seeking a Nasdaq listing, saying no decision has been made and that it will issue a follow‑up disclosure once details are finalised or within one month.LG shares jumped more than 6% at the close.

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Asia

Market Chatter: Korea Electric Power Seeks KRW25 Trillion Fee Prepayments From Samsung Electronics, SK Hynix

Korea Electric Power (KRX:015760) has suggested electricity fee prepayments of 25 trillion won from Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660), The Chosun Daily reported Thursday, citing a source and internal documents.The prepayments, composed of 20 trillion won for Samsung Electronics and 5 trillion won for SK Hynix, will cover fees in the next five years, with the parties currently discussing terms such as interest rates, the report said.The prepayments would help fund power grid construction for the Yongin and Hong semiconductor clusters and ease KEPCO's 210 trillion won debt burden, the report said.Korea Electric Power, Samsung Electronics and SK Hynix did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Asia

Market Chatter: SK Hynix Sells $20 Billion of US Dollars Raised via ADR to South Korean FX Authorities

SK hynix (KRX:000660) sold about $20 billion of US dollars to South Korean foreign exchange authorities after raising $26.5 billion through an American depositary receipt listing in July, Reuters reported Wednesday, citing a source with direct knowledge of the matter.The Foreign Exchange Stabilization Fund, managed by South Korea's finance ministry and the Bank of Korea, purchased the dollars in over-the-counter transactions as SK Hynix brought the funds back to South Korea, the report said.SK Hynix declined to comment when reached by.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Nikkei 225KRX:000660
Asia

Market Chatter: SK Hynix Scouts Japan Sites for New Memory Chip Plant

SK hynix (KRX:000660) is evaluating potential locations in Japan for a memory chip manufacturing expansion to meet soaring AI demand while managing costs, Bloomberg News reported on Monday, citing Chairman Chey Tae-won in an interview.The company is looking for sites with a good supply of power and water, but declined to specify partners or locations, the news wire said.The move is part of a global capacity buildout that includes a $39 billion Korean expansion and a new Indiana packaging facility, the publication said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Nikkei 225KRX:000660
Asia

South Korean Shares Gain Marginally on Tech Gains; Samsung, SK Hynix Add Over 1%

South Korean shares gained marginally on technology stocks' gains after hawkish comments from Federal Reserve Chair Kevin Warsh dragged markets lower earlier in the day. Major market movers Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) added over 1% at market close.The Korea Composite Stock Price Index, or Kospi, increased by 31.14 points, or 0.5%, to close at 6,820.02. The Kosdaq fell by 4.12 points, or 0.5%, to close at 834.29.In economic news, South Korea's all industry production index, which measures output across the mining, manufacturing, services and construction sectors, was steady in July from a month earlier, according to data released by Statistics Korea on Monday.The index compared with a 2.4% increase in June and stood at 120.2 points based on a 2020 benchmark of 100.On an annual basis, the all-industry production index rose 3.1%, softer than the 4.4% growth in the previous month.In corporate news, Samsung Biologics (KRX:207940) said its Switzerland-based unit, Samsung Peptide, has published the prospectus for its public tender offer for PolyPeptide Group, according to a Monday release.The offer includes 44.31 Swiss francs in cash per PolyPeptide share, implying an equity value of about 1.46 billion francs, and represents a 40% premium to the unaffected share price.The offer is expected to run between Sept. 15 and Oct. 12, subject to a minimum acceptance threshold, and the largest individual shareholder, Draupnir Holding, with about a 55.65% stake, has committed to tendering all its shares.Shares of Samsung Biologics rose more than 2% at market close.In other news, Samsung Heavy Industries (KRX:010140) secured a 444.5 billion won contract to build two container ships for an unnamed African buyer, according to a filing with the Korean bourse on Monday.The contract is valid from Aug. 28, 2026, to Dec. 27, 2028. Payment will be made as construction progresses, the filing said.Shares of Samsung Heavy Industries fell more than 1% at market close.

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Asia

South Korean Shares Close Lower on Tech Sell-Offs, Potential US Tariffs on Chip Firms

South Korean shares closed lower on Friday, snapping a three-day winning streak as investors sold technology heavyweights amid external uncertainties, including concerns over the Trump administration considering a new round of sweeping tariffs on semiconductors.Shares of major market movers Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) fell over 3% and 4%, respectively.The Korea Composite Stock Price Index, or Kospi, decreased by 123.49 points, or 1.8%, to close at 6,788.88. The Kosdaq rose by 0.76 points, or 0.09%, to close at 838.41.In corporate news, Samsung Biologics (KRX:207940) plans to issue 2.27 million new common shares at a par value of 2,500 won per share through a general public offering of forfeited shares after shareholder allotment, bringing the total value of the allotment to 5.68 billion won.Funds raised via the issuance will be used primarily to acquire securities issued by other corporations, with 294.8 billion won allocated for facility investment, according to a Friday filing with the Korea Exchange.Shares of Samsung Biologics fell nearly 7% at market close.In other news, Kyobo Securities (KRX:030610) has increased its borrowings by 2 trillion won, according to a Thursday filing with the Korea Exchange.The securities company carried out the transaction by increasing the issuance limit of commercial paper and short-term bonds to 4 trillion won from 2 trillion won.The additional borrowings will support an increase in the company's operating funds.Shares of Kyobo Securities rose nearly 1% at market close.

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Asia

Market Chatter: SK Hynix Seeks to Deepen Japan Flash Memory Partnerships; No Fixed Plans for Kioxia

SK hynix (KRX:000660) is exploring further cooperation with Japanese customers and suppliers, particularly in the NAND flash market, Bloomberg News reported on Thursday, citing CEO Kwak Noh-Jung.The company has no fixed plans for its indirect Kioxia (TYO:285A) stake, the news wire said, citing Kwak after the groundbreaking of its $4 billion Indiana plant.SK Hynix, the world's second-largest memory chipmaker, holds an indirect stake in Kioxia through its investment in Bain Capital's consortium that acquired the company from Toshiba in 2018.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

KRX:000660TYO:285A
Asia

SK hynix Breaks Ground on $4 Billion US HBM Facility

SK hynix (KRX:000660) broke ground Thursday on its first U.S. next-generation High Bandwidth Memory (HBM) production hub at Purdue University in Indiana.The facility represents a total investment exceeding $4 billion and is scheduled to begin cleanroom operations by October 2028, according to a statement on Friday.The mass production of next-generation HBM is expected in the second half of 2029, with the site projected to employ approximately 1,000 workers during commercial operations.The Indiana fab will operate in tandem with SK hynix's South Korean base, shipping Korean-made wafers to Indiana for packaging and testing before delivering finished Made in USA products to U.S. customers.An Advanced Packaging R&D Testbed will be established alongside production lines to enable collaboration with customers, universities, and partners on next-generation packaging technologies and rapid prototyping.SK hynix said the Indiana facility will help stabilize the U.S. semiconductor supply chain and support national security as competition in AI infrastructure intensifies.

KRX:000660
Asia

South Korea's Kospi Rises on Chipmakers' Buybacks, Investors Await Nvidia Earnings

South Korean shares closed higher for a second day on Wednesday, lifted by buybacks at SK Hynix (KRX:000660) and Samsung Electronics (KRX:005930) and firmer external sentiment as investors awaited Nvidia's earnings.The Korea Composite Stock Price Index, or Kospi, increased by 65.47 points, or 0.97%, to close at 6,808.21. The Kosdaq, however, fell by 0.28 points, or 0.03%, to close at 826.87..Shares of SK Hynix and Samsung Electronics added nearly 1% and 2% at market close.In economic news, the Composite Business Survey Index (CBSI) for South Korean enterprises increased by 1.1 points to 99.6 in August, according to data from the Bank of Korea on Wednesday.A print above 100 indicates optimism, while a reading below suggests negative sentiment. The latest reading compared with 98.5 points recorded in the previous month.Within the manufacturing sector, the index edged up 0.6 points to 103.8, while the index for the non-manufacturing sector rose 1.5 points to 96.7. Meanwhile, the Economic Sentiment Index, which combines the CBSI and the Consumer Survey Index (CSI), rose 1.5 points to 99.4.In corporate news, Development Advance Solution (KRX:058730) was named preferred bidder for EPC and O&M contracts for the Sinan Mitra 1 & 2 and Horus solar projects, with value to equal at least 5% of latest revenue of 273.2 billion won. Shares surged over 9% at the close.

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Asia

Market Chatter: SK hynix Labor Union Votes Against Tentative Wage Deal; Shares Decline 5%

More than half of SK Hynix's (KRX:000660) 16,083-member labor union voted to reject a possible wage deal with management on Tuesday, which had been reached after two months of negotiations, Yonhap News reported the same day, citing industry sources.About 7,535 members out of the total participating body of 15,045 rejected the deal. The voter turnout was 93.8%. SK Hynix's management and the labor union are expected to resume negotiations, with discussions possibly centering on the performance-based incentive payment scheme, the report said.The parties reached a tentative agreement last week on a 6.3% wage raise and a new performance-based incentive structure. Under the proposal, 40% of the incentive will be paid in cash and 60% in company shares. Of the stock portion, 40% could be sold in the year of receipt, while the remaining 20% would be deferred and paid in 10% installments over a two-year period, it said.SK Hynix did not immediately respond to' request for comment.Shares of the company fell nearly 5% in recent trade.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

KRX:000660
Asia

South Korean Shares Rise for Second Day on Samsung, SK Hynix Shareholder Return Hopes

South Korean shares closed higher on Friday for a second straight session as investors continued to pin high hopes on strong shareholder returns from Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660).SK Hynix announced plans to repurchase about 40 trillion won in common shares, while Samsung Electronics was expected to unveil a shareholder return program worth up to 110 trillion won. Shares of Samsung Electronics added nearly 4% at market close on Friday, while those of SK Hynix added over 2%.The Korea Composite Stock Price Index, or Kospi, increased by 60.37 points, or 0.9%, to close at 6,912.95. The Kosdaq fell by 38.95 points, or 4.6%, to close at 801.94.In economic news, producer prices in South Korea increased 7.7% year over year in July, according to preliminary data from the Bank of Korea released on Friday.The reading eased from the 8.5% expansion recorded in the previous month and missed the Trading Economics forecast for steady growth at 8.5%.The sustained increase in July was driven primarily by a 12.2% rise in manufacturing producer prices, where coal and petroleum output surged 50.7% year over year, while prices for computer products rose 24.2%.In corporate news, Samsung Electronics plans to introduce the new family of the Galaxy S26 series on Aug. 27, the electronics products maker said in a Thursday release.The product, the name of which remains undisclosed, is broadly expected to be the Galaxy S26 FE, according to a same-day report by Pulse News.In other news, Hyundai Motor's (KRX:005380) full-day labor strike on Friday is estimated to cause 2.3 trillion won in lost sales by halting production at its Ulsan, Jeonju, and Asan plants for 16 hours.About 39,000 union members are walking out after failing to reach a wage agreement with management. The union has staged 60 hours of strikes since May and plans additional four-hour stoppages on Monday and Tuesday.The ongoing strikes are expected to result in an estimated cumulative production loss of 55,200 vehicles.Hyundai Motor did not immediately respond to' request for comment.Shares of the company fell nearly 1% at market close.

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Asia

Update: Market Chatter: SK Hynix Explores Large-Scale Semiconductor Manufacturing Investment in Japan

(Updates to add SK Hynix's response)SK Hynix (KRX:000660) plans to build a memory chip plant in Miyagi Prefecture, Japan, the Hankyoreh newspaper reported Friday, citing industry sources.The Japanese chipmaker will invest tens of trillions of won for the new fab, expanding its production capacity, the report said.An SK Hynix representative, in an email reply to' request for comment, said that any location with the necessary infrastructure could be a potential candidate, but added that nothing has been decided yet.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

KRX:000660
Asia

Market Chatter: SK Hynix Explores Large-Scale Semiconductor Manufacturing Investment in Japan

SK Hynix (KRX:000660) plans to build a memory chip plant in Miyagi Prefecture, Japan, the Hankyoreh newspaper reported Friday, citing industry sources.The Japanese chipmaker will invest tens of trillions of won for the new fab, expanding its production capacity, the report said.SK Hynix did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

KRX:000660
Asia

South Korean Shares Close Sharply Higher on Strong Shareholder Return Hopes from Chipmakers

South Korean shares closed sharply higher on Thursday after two consecutive days of losses, with the primary index climbing 6% after investors pinned high hopes on strong shareholder returns from Samsung Electronics (KRX:005930) and SK hynix (KRX:000660).Investor hopes came after SK Hynix on Wednesday approved a 40 trillion won share repurchase and cancellation plan. The buyback is set to begin Aug. 20 and run for about three months. Samsung Electronics' shareholder return policy is expected to be announced later in August. Shares of SK Hynix and Samsung Electronics added nearly 13% and over 9%, respectively, at market close.The Korea Composite Stock Price Index, or Kospi, increased by 381.41 points, or 5.9%, to close at 6,852.58. The Kosdaq also rose by 16.43 points, or 2%, to close at 840.89.In corporate news, Kolon Corporation's (KRX:002020) subsidiary Kolon Global (KRX:003070) secured an order worth 104.8 billion won for the Pyeongtaek P5 water purification plant (Phase 3) from Samsung Electronics, according to a Thursday filing with the Korea Exchange.The project is being disclosed after an amended contract raised its value above the applicable disclosure threshold. The initial contract was signed on June 9, 2025.Shares of Kolon Corporation fell over 3% at market close, while those of Kolon Global added 2%.In other news, Kakao Corp. (KRX:035720) subsidiary and taxi-hailing and mobility platform Kakao Mobility has confidentially filed for an initial public offering in the U.S. in June and seeks to raise about $1 billion, Yonhap News reported Thursday, citing a financial market tracker.Bank of America, Morgan Stanley, and UBS are listed as underwriters for the IPO, the report said.Kakao Mobility did not immediately respond to' request for comment.Shares of Kakao Corp. added over 3% at market close.

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Asia

Market Chatter: SK Hynix Approves Proposal for Preliminary Wage Deal With 60% of Bonuses in Stock

SK Hynix (KRX:000660) has approved a preliminary wage agreement proposal to pay 60% of the current year's employee bonuses in shares and the remaining 40% in cash, Reuters reported Thursday, citing people familiar with the matter.The proposal, currently under discussion with union delegates, is a shift from the earlier bonus payment plan, which proposed payments of more than half of the bonuses in stock.SK Hynix did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

KRX:000660
Asia

South Korean Shares Retreat for Second Day on Chip Stock Losses; Samsung Loses 8%, SK Hynix 10%

South Korean shares closed lower on Wednesday for a second day, dragged down by sharp declines in semiconductor stocks as higher oil prices and global bond yields took a toll on investor sentiment. Shares of key chipmakers Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) declined 8% and 10%, respectively, at market close.The Korea Composite Stock Price Index, or Kospi, decreased by 398.66 points, or 5.8%, to close at 6,471.17. The Kosdaq also fell by 9.74 points, or 1.2%, to close at 824.46.In economic news, Moody's has revised up its economic growth forecast for South Korea to 3.5%, driven by a boost in semiconductor activity until at least mid-2027.The rating agency expects GDP growth of 2.7% for the country in 2027.The forecast for this year is higher than the previous estimates of 2.5% in May and 1.8% in February.In corporate news, Hyundai Motor's (KRX:005380) 40,000-member labor union plans to carry out a partial strike throughout this week after failing to reach a wage agreement with the automaker's management, Yonhap News reported Tuesday.The union scheduled four-hour partial strikes on Monday and Tuesday, with plans to continue next week, according to the report.The union is seeking a 149,600-won increase in monthly base pay and a performance bonus equivalent to 30% of the net profit in 2025. The automaker has offered an 80,000-won monthly base-pay raise, a performance bonus equivalent to 350% of monthly salary plus 10 million won, along with 15 company shares, the report said.Hyundai Motor did not immediately respond to' request for comment.Shares of the automaker fell 5% at market close.

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