SK hynix Dominates AI Memory with Full Stack Vision
- •Achieved 97.1 trillion KRW revenue with HBM sales doubling to set new records
- •Unveiled next-gen HBM4 production and transition to a Full Stack AI Memory Creator
- •Implemented 14.3 trillion KRW shareholder return and plans for a US-based AI entity
SK hynix solidified its vision to dominate the artificial intelligence (AI) memory market during its 78th general shareholders' meeting held at its Icheon campus. Kwak Noh-jung, the President and CEO of SK hynix, reported consolidated revenue of 97.1 trillion KRW and an operating profit of 47.2 trillion KRW, marking the second consecutive year of record-breaking performance. This milestone was largely driven by a strategic pivot toward high-bandwidth memory (HBM), which saw sales double compared to the previous year, alongside an increased focus on high-performance DRAM and enterprise SSDs (eSSD).
Evolving beyond the role of a traditional hardware supplier, the company declared its transition into a 'Full Stack AI Memory Creator' that offers customized solutions for specific customer needs. To achieve this, SK hynix is accelerating the development of next-generation HBM4 and customized cHBM products. The strategy centers on maintaining a 'super gap' in the market by securing a portfolio of cutting-edge technologies, including Processing-in-Memory (PIM) to resolve data bottlenecks and Compute Express Link (CXL) to enhance system scalability.
Global manufacturing competitiveness will also see a boost through significant infrastructure investment. The company plans to establish integrated production hubs spanning the Yongin semiconductor cluster, the Cheongju P&T7 plant, and a new advanced packaging facility in the United States. Furthermore, SK hynix signaled its intent to expand its influence within the global tech ecosystem by founding a dedicated AI entity in the U.S. to scout for preemptive investment and business opportunities.
A substantial shareholder return policy was also highlighted as part of the company’s value-creation commitment. Buoyed by its strong financial results, SK hynix implemented a return program totaling 14.3 trillion KRW and plans to actively consider further dividends and share buybacks. Kwak Noh-jung concluded by expressing his determination to transform the company into a world-class leader that shares value with shareholders while strengthening financial health, including a target of 100 trillion KRW in net cash.