SK hynix, a South Korean memory chip giant already listed on the KOSPI, is laying the groundwork for a potential U.S. listing that could reportedly raise an estimated $10 billion to $14 billion. The ...
SK Hynix Inc. plans to spend 11.9 trillion won ($7.9 billion) on cutting-edge extreme ultraviolet lithography chipmaking tools from ASML Holding NV, deepening a push into next-generation memory as ...
A concept of the $5.8 billion BlueOval SK Battery Park, which was expected to create 5,000 jobs in Kentucky. The automaker in December announced it was dissolving its $11.4 billion electric vehicle ...
SK Group has ramped up efforts to cut costs at its money-losing battery affiliates as they continue to underperform amid a slowdown in global demand for electric vehicles (EVs). According to industry ...
SK Battery America’s plant in Commerce, Georgia. South Korean electric vehicle (EV) battery manufacturer SK On Company has laid off almost 1,000 workers at its battery manufacturing plant in the US ...
BlueOval SK is reducing its workforce by 150 positions amid a corporate restructuring. The layoffs follow the dissolution of the joint venture between Ford Motor Co. and SK On. SK On will now solely ...
STANTON, Tenn. — BlueOval SK confirmed on Friday the company is laying off 150 people in Haywood County. “The site will continue to have about 100 employees,” wrote Joe Guy, a spokesman for SK. “This ...
SK Group's Chairman Chey Tae-won highlighted the industry's need to make more AI memory chips to meet the growing demand from the global data center infrastructure buildout. Chey noted that the High ...
This article first appeared on GuruFocus. Chairman Chey Tae-won of SK Hynix's (HXSCL) parent SK Group has signaled that the company intends to deepen its exposure to the artificial intelligence ...
SK Hynix overtook Samsung in operating profit in 2025 for the first time, driven by its dominance in AI memory chips. Samsung's broader business diluted gains as SK Hynix benefited from its focus on ...
SK hynix is making a major investment on U.S. soil with the formation of an AI solutions firm that it is tentatively calling AI Company (or AI Co.). Most of the finer grain details are light at the ...
The South Korean tech company SK Hynix reported on its Q4 2025 earnings results this week, and given its place in the burgeoning AI and chip economy, many eyes were on Hynix as it reported. The ...