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MarketScreener Homepage  >  Equities  >  Korea Stock Exchange  >  SK hynix, Inc.    A000660   KR7000660001

SK HYNIX, INC.

(A000660)
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SK Hynix : Announces 1Ynm 16Gb DDR5 DRAM

11/15/2018 | 01:39am EST

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


© Publicnow 2018
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Financials
Sales 2020 31 507 B 28,0 B 28,0 B
Net income 2020 3 713 B 3,30 B 3,30 B
Net Debt 2020 5 647 B 5,02 B 5,02 B
P/E ratio 2020 27,5x
Yield 2020 0,83%
Capitalization 97 128 B 86 329 M 86 347 M
EV / Sales 2020 3,26x
EV / Sales 2021 2,56x
Nbr of Employees 28 894
Free-Float 73,9%
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Mean consensus BUY
Number of Analysts 34
Average target price 161 588,24 KRW
Last Close Price 142 000,00 KRW
Spread / Highest target 33,8%
Spread / Average Target 13,8%
Spread / Lowest Target -22,5%
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Managers and Directors
NameTitle
Seok-Hee Lee President, Chief Executive Officer & Director
Kwon Hong Managing Director & Head-Finance
Tae-Won Chey Chairman-Executive Board
Tae-Hoon Kim Managing Director & Head-Technology
Yoon-Wook Kim Head-Compliance Support
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