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MarketScreener Homepage  >  Equities  >  KOREA EXCHANGE  >  SK Hynix Inc    000660   KR7000660001

SK HYNIX INC (000660)
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SK Hynix : Announces 1Ynm 16Gb DDR5 DRAM

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11/15/2018 | 07:39am CET

SK Hynix Inc. Announces 1Ynm 16Gb DDR5 DRAM2018.11.15

Seoul, November 15, 2018


- SK Hynix Inc. (or 'the Company', www.skhynix.com) announced that it has developed 16Gb (Gigabits) DDR5 (Double Data Rate 5) DRAM, the industry's first DDR5 to meet the JEDEC standards. The same 1Ynm process technology used for the recently-developed 1Ynm 8Gb DDR4 DRAM was applied to the new DRAM, giving an industry-leading competitive edge for the Company. DDR5 is a next-generation DRAM standard that offers ultra-high speed and high density with reduced power consumption as compared to DDR4, for use in data-intensive applications such as big data, artificial intelligence, and machine learning. SK Hynix successfully lowered the operating voltage from 1.2V to 1.1V, achieving 30% lower power consumption compared to the previous generation, DDR4 DRAM. The new 16Gb DDR5 DRAM supports a data transfer rate of 5200Mbps, about 60% faster compared to 3200Mbps of the previous generation, with which it can process 41.6GB (Gigabytes) of data-11 full-HD video files (3.7GB each)-per second. The Company provided a major chipset maker with RDIMM (Registered Dual In-line Memory Module) and UDIMM (Unbuffered DIMM) for server and PC platforms, with more memory banks-doubled from 16 to 32 banks-in accordance with the JEDEC DDR5 standards. 'Based on technological advancements that allowed the industry's first DDR5 DRAM to meet the JEDEC standards, SK Hynix plans to begin mass producing the product from 2020, when the DDR5 market is expected to open, to actively respond to the demands of clients,' said vice president Joohwan Cho, the Head of Volume Product Design Group. According to IDC, a market research institute, demand for DDR5 is expected to rise from 2020, accounting for 25% of the total DRAM market in 2021 and 44% in 2022.
Media Contact SK Hynix Inc. Public Relations
Assistant Manager Hyun Kyung Olivia Lee Phone: +82.31.8093.4771 E-Mail: hyunkyung14.lee@sk.com

Disclaimer

SK Hynix Inc. published this content on 15 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 November 2018 06:38:02 UTC

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Financials (KRW)
Sales 2018 41 650 B
EBIT 2018 22 084 B
Net income 2018 16 352 B
Finance 2018 4 884 B
Yield 2018 2,45%
P/E ratio 2018 2,73
P/E ratio 2019 3,36
EV / Sales 2018 0,96x
EV / Sales 2019 0,88x
Capitalization 44 991 B
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 39
Average target price 91 611  KRW
Spread / Average Target 48%
EPS Revisions
Managers
NameTitle
Sung-Wook Park Vice Chairman & Chief Executive Officer
Joon-Ho Kim Co-President, Director & Head-Management Support
Tae-Won Chey Chairman-Executive Board
Seok-Hee Lee Chief Operating Officer & Director
Myung-Young Lee Senior Managing Director & Head-Finance
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