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Global minimum corporate tax to take effect in Korea next year

November 10, 2023

Starting in 2024, multinational companies such as Samsung Electronics and SK Hynix, which have overseas factories or subsidiaries, are expected to face increased tax obligations.

Samsung, SK hynix withhold key data in US request for chip biz info

November 09, 2021

Samsung Electronics Co. and SK hynix Inc. on Tuesday submitted information on their chip businesses to the United States but withheld some key data considered trade secrets in an apparent delicate balancing act.

S Korean tech giants caught in a bind

MONDAY, JUNE 10, 2019

SOUTH KOREA’S tech giants like Samsung Electronics and SK hynix are increasingly on edge over the ongoing economic brinkmanship between the United States and China, in light of a reported warning from Beijing not to cooperate with the Trump administration’s China ban, according to industry sources on Sunday.

SK hynix plans $3.12 bn chip plant in Icheon

MONDAY, JULY 30, 2018

SK hynix, South Korea’s second-largest chipmaker, said the company will construct a new semiconductor fabrication plant at its headquarters in Icheon, Gyeonggi Province, in response to growing demand for memory chips.

SK Hynix posts record quarterly net profit in Q4

FRIDAY, JANUARY 26, 2018

The world's second-largest memory chipmaker SK Hynix saw profits nearly double to hit a record in the fourth quarter on strong demand, it said Thursday.

South Korea's Bain, SK hynix back in running to buy Toshiba chip unit

SUNDAY, SEPTEMBER 17, 2017

SEOUL - Bain and SK hynix announced that they will be joining the race to buy Toshiba's memory chip unit.

Uncertainty heightens over SK hynix's bid in Toshiba deal

SUNDAY, JULY 16, 2017

SEOUL - After SK hynix failed to close the $18 billion deal with Toshiba on June 28, many industry watchers are worrisome that SK Hynix's bid is going nowhere.

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