KPL
(KPL/Yonhap) The head of SK hynix Inc., Republic of Korea's No. 2 chipmaker, said Monday that SK Group's bold investments and vision have enabled the company to take a leading role in the high bandwidth memory (HBM) market.
(KPL/Yonhap) The head of SK hynix Inc., Republic of Korea's No. 2 chipmaker, said Monday that SK Group's bold investments and vision have enabled the company to take a leading role in the high bandwidth memory (HBM) market.
Kwak Noh-jung, the chief executive officer of SK hynix, made the remarks during an annual conglomerate-wide business forum held in Icheon, about 50 kilometers southeast of Seoul, highlighting the group's Super Excellent Level (SUPEX) management philosophy.
"The company, which was on the verge of collapse, was able to develop the world's first HBM and take the top spot in the global DRAM market, thanks to SK Group," Kwak said.
SK Group acquired the chipmaker, formerly known as Hynix Semiconductor Inc., in 2012. SK hynix developed the world's first HBM the following year.
"We also feel a sense of fear with regard to the enormous changes ahead as the artificial intelligence era begins," Kwak said, noting SK hynix will nevertheless find answers to any new challenges.
Kwak added the company will continue its ceaseless innovation backed by the SUPEX philosophy.
SK Group Chairman Chey Tae-won and around 250 officials from SK Group's affiliates, meanwhile, attended the opening ceremony of the three-day forum. On Wednesday, Chey is scheduled to deliver a speech on the group's business vision.
KPL
