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Electronic Technology

SK hynix, Inc.

Company Background

SK Hynix is one of world's largest manufacturers of semiconductors.

The company began as Hyundai Electronics Industries, established in 1983 by South Korea's Hyundai group. In 1999, the company acquired LG Semiconductor from South Korea's LG group. It changed its name to Hynix Semiconductor in 2001. The company came under the supervision of financial institutions in 2001 amid balance sheet troubles and restructured. In 2011, the company came under the umbrella of leading South Korean mobile carrier SK Telecom, a unit under SK Holdings. It changed its name to SK Hynix in 2012.

SK Holdings also operates businesses in energy and other sectors. The group's Chairman Chey Tae-won also serves part-time as Chairman of SK Hynix. SK Hynix's earnings have rapidly grown thanks to its aggressive capital investment, after becoming a member of the country's major conglomerate.

Japanese electronics maker Toshiba filed a damages suit against its business partner SK Hynix over the leak of NAND flash memory data, which has been settled. The two companies continued to work together on a next-generation memory chip even during the lawsuit.

SK Hynix operates plants in South Korea's Icheon, Gyeonggi Province; Cheongju, Chungcheongbuk Province; and China's Wuxi, Jiangsu Province.

Business Summary

SK hynix, Inc. engages in the manufacture and sale of semiconductor products. Its products include dynamic random access memory, flash memory, complementary metal oxide semiconductor image sensor, and others. The company was founded on October 15, 1949 and is headquartered in Icheon, South Korea.

Financial Highlights

Dec 2022 KRWUSD
Gross Profit14,948.45B11,569.10M
Operating income6,809.41B5,270.03M
Income before tax3,871.59B2,996.35M
Net income2,229.56B1,725.52M
Diluted EPS3,241.572.50
Dividends Per Share1,2000.92
Total Assets103,871.51B82,144.33M
Total liabilities40,580.97B32,092.50M
Total equity63,266.35B50,032.70M
Operating cash flow14,780.51B11,439.12M
Currency in KRWCurrency in USD

Historical Data

 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 40,445.06B 26,990.73B 31,900.41B 42,997.79B 44,621.56B
Gross Profit 24,323.18B 7,278.12B 9,845.11B 18,207.33B 14,948.45B
Operating income 20,867.63B 2,750.85B 5,032.94B 12,410.34B 6,809.41B
Income before tax 21,341.03B 2,410.00B 6,273.31B 13,253.70B 3,871.59B
Net income 15,540.11B 2,005.97B 4,755.10B 9,602.31B 2,229.56B
EBITDA 27,295.96B 11,356.35B 14,797.72B 23,057.22B 20,944.70B
Diluted EPS 22,252.15 2,932.32 6,950.48 13,984.06 3,241.57
Dividends Per Share 1,500 1,000 1,170 1,540 1,200
Total Assets 63,658.33B 65,248.35B 71,173.85B 96,346.52B 103,871.51B
Total liabilities 16,806.00B 17,312.46B 19,264.75B 34,155.46B 40,580.97B
Total equity 46,845.71B 47,921.10B 51,888.54B 62,157.07B 63,266.35B
Operating cash flow 22,227.19B 6,549.73B 12,314.57B 19,797.64B 14,780.51B
 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 36,750.93M 23,144.48M 27,036.82M 37,547.43M 34,534.10M
Gross Profit 22,101.57M 6,240.97M 8,344.11M 15,899.39M 11,569.10M
Operating income 18,961.64M 2,358.85M 4,265.61M 10,837.21M 5,270.03M
Income before tax 19,391.80M 2,066.57M 5,316.87M 11,573.67M 2,996.35M
Net income 14,120.72M 1,720.11M 4,030.13M 8,385.13M 1,725.52M
EBITDA 24,802.83M 9,738.04M 12,541.63M 20,134.51M 16,209.80M
Diluted EPS 20.21 2.51 5.89 12.21 2.50
Dividends Per Share 1.36 0.85 0.99 1.34 0.92
Total Assets 57,051.74M 56,421.24M 65,519.51M 81,048.60M 82,144.33M
Total liabilities 15,061.84M 14,970.35M 17,734.28M 28,732.25M 32,092.50M
Total equity 41,983.97M 41,438.11M 47,766.30M 52,287.75M 50,032.70M
Operating cash flow 20,197.03M 5,616.38M 10,437.06M 17,288.11M 11,439.12M

Valuation Measures

Dec 2022
Operating margin15.26%
Profit margin4.99%

Key executives

  • Chairman-Executive Board: Tae-Won Choi
  • Co-Chief Executive Officer & Director: Jung-Ho Park
  • President, Chief Executive Officer & Director: Seok-Hee Lee
  • Managing Director & Head-Finance: Kwon Hong
  • Managing Director & Head-Technology: Tae-Hoon Kim


  • SK Square Co. Ltd. (20.0%)
  • National Pension Service of Korea (7.1%)
  • SK hynix, Inc. (5.4%)
  • Capital Research & Management Co. (World Investors) (2.8%)
  • The Vanguard Group, Inc. (1.9%)
  • BlackRock Fund Advisors (1.7%)
  • Samsung Asset Management Co., Ltd. (1.1%)
  • Norges Bank Investment Management (1.1%)
  • Mirae Asset Global Investments Co., Ltd. (0.9%)
  • Dimensional Fund Advisors LP (0.8%)

Contact Details

  • Website:
  • Address: 2091 Gyeongchung-daero, Bubal-eup, Icheon, 17336, South Korea
  • Phone: +82.31.630.4114

Related Companies

  • Key Foundry Co., Ltd
  • Gauss Labs, Inc.
  • SK hynix Ventures Hong Kong Ltd.
  • SK hynix memory solutions Eastern Europe LLC
  • SK hynix memory solutions Taiwan Ltd.
  • SK hynix (Wuxi) Semiconductor Sales Ltd.
  • Money Market Trust
  • Magnachip Semiconductor Corp. /Foundry Bus/
  • SK APTECH Ltd.
  • SK hynix system ic, Inc.
  • SK hynix Semiconductor (Shanghai) Co., Ltd.
  • SK hyeng, Inc.
  • SK Hystec Co., Ltd.
  • SK Hynix Semiconductor (Wuxi) Ltd.
  • SK hynix Semiconductor Hong Kong Ltd.
  • SK hynix Semiconductor (China) Ltd.
  • Softeq Development Fllc /Firmware Business/
  • Violin Memory, Inc. /Expansion Card Div/
  • SK hynix Japan, Inc.
  • SK hynix Semiconductor Taiwan, Inc.
  • SK hynix Italy Srl
  • Hynix Semiconductor Taiwan, Inc.
  • Hynix-Numonyx Semiconductor Ltd.
  • SK hynix Asia Pte Ltd.
  • Hynix Service Technology Co. Ltd.
  • Hynix Engineering Co., Ltd.
  • QRT Semiconductor Co., Ltd.
  • SK hynix Deutschland GmbH
  • SK hynix U.K. Ltd.


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Last Updated on 5 Jun, 2023

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