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    A000660   KR7000660001

SK HYNIX INC.

(A000660)
  Report
End-of-day quote. End-of-day quote Korea Stock Exchange - 07/26
117000 KRW   -1.27%
07/26S. Korea's Q2 GDP growth hits decade high but risks loom
RE
07/26SK Hynix Expects Chip Demand to Continue to Be Strong
DJ
07/26SK Hynix sees growing memory chip demand as qtly profit jumps
RE
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Samsung, SK Hynix ask Korean firm to boost chemicals supply amid Japanese curbs

07/16/2019 | 06:02am EDT
The logo of SK Hynix is seen at its headquarters in Seongnam

SEOUL (Reuters) - South Korea's Samsung Electronics and SK Hynix have asked a local supplier to the boost supply of a key chipmaking chemical to guard against any production disruptions, an official at the supplier said on Tuesday.

The move by the two chipmakers to secure supplies of hydrogen fluoride comes after Japan said earlier this month that it would tighten curbs on exports of high-tech materials used in smartphone displays and chips to South Korea, threatening to disrupt the global supply of microchips consumed by the likes of Apple Inc and Huawei Technologies Co.

"They are checking almost every day to secure more supplies from us," said the official at Foosung Co which provides hydrogen fluoride to the two chip giants, adding that the chipmakers offered to run the quality tests for its product.

The official declined to be named due to the sensitivity of the matter.

Samsung and SK Hynix declined to comment whether such requests were made.

South Korean chipmakers rely on Japan for most of the materials affected by the export curbs, although they source some hydrogen fluoride from China and South Korea.

Stockpiling is not regarded as a viable option for hydrogen fluoride as it is highly toxic.

Foosung is currently a supplier to Samsung and SK Hynix.

South Korean media Yonhap Infomax reported earlier on Tuesday that the two firms have requested local suppliers to boost their shipment of hydrogen fluoride to reduce their reliance on Japanese imports.

A SK Hynix official said the company was running a test of some South Korean hydrogen fluoride materials, but did not provide further details.

The company said its President Don Kim flew to Japan on Tuesday to discuss the export controls with its Japanese suppliers.

(Reporting by Heekyong Yang and Ju-min Park; Editing by Muralikumar Anantharaman)

By Heekyong Yang and Ju-min Park

Stocks treated in this article : Apple, Samsung Electronics Co Ltd, SK Hynix Inc, Foosung Co Ltd

ę Reuters 2019
Stocks mentioned in the article
ChangeLast1st jan.
APPLE INC. 0.29% 148.99 Delayed Quote.12.28%
FOOSUNG CO., LTD. 5.73% 13850 End-of-day quote.17.37%
SAMSUNG ELECTRONICS CO., LTD. -0.63% 78800 End-of-day quote.-2.72%
SK HYNIX INC. -1.27% 117000 End-of-day quote.-1.27%
All news about SK HYNIX INC.
07/26S. Korea's Q2 GDP growth hits decade high but risks loom
RE
07/26SK Hynix Expects Chip Demand to Continue to Be Strong
DJ
07/26SK Hynix sees growing memory chip demand as qtly profit jumps
RE
07/26POSCO : S. Korea's Q2 GDP growth hits decade high but risks loom
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07/26SK HYNIX : Q2 profit jumps 38% on strong chip demand from devices, servers
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07/26S.Korean stocks end lower on virus worries, selling by foreign investors
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07/23Intel, TI split leaves chip outlook in doubt
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07/23Intel, TI split leaves chip outlook in doubt
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07/23S.Korean stocks end higher on earnings optimism
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07/22MARKET CHATTER : Singapore Approves SK Hynix's Intel NAND Business Takeover
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More news
Financials
Sales 2021 41 719 B 36,3 B 36,3 B
Net income 2021 9 653 B 8,39 B 8,39 B
Net Debt 2021 4 445 B 3,86 B 3,86 B
P/E ratio 2021 8,61x
Yield 2021 1,22%
Capitalization 80 028 B 69 385 M 69 545 M
EV / Sales 2021 2,02x
EV / Sales 2022 1,41x
Nbr of Employees 28 894
Free-Float 73,9%
Chart SK HYNIX INC.
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SK hynix Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends SK HYNIX INC.
Short TermMid-TermLong Term
TrendsBearishBearishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 32
Last Close Price 117 000,00 KRW
Average target price 172 468,75 KRW
Spread / Average Target 47,4%
EPS Revisions
Managers and Directors
Seok-Hee Lee President, Chief Executive Officer & Director
Jung-Ho Park Co-Chief Executive Officer & Director
Kwon Hong Managing Director & Head-Finance
Tae-Won Chey Chairman-Executive Board
Tae-Hoon Kim Managing Director & Head-Technology
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