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    A000660   KR7000660001

SK HYNIX INC.

(A000660)
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End-of-day quote Korea Stock Exchange  -  05-19
112500.00 KRW   +1.35%
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South Korea's SK Hynix near deal to supply auto chips to Germany's Bosch - media

04/06/2021 | 10:25pm EDT
FILE PHOTO: The logo of SK Hynix is seen at its headquarters in Seongnam

SEOUL (Reuters) - SK Hynix Inc, the world's second-largest memory chip maker, is close to signing a long-term deal to provide automotive memory chips to German auto supplier Robert Bosch GmbH, South Korean newspapers reported.

The two companies are directly engaged in talks for SK Hynix to supply Bosch with auto memory chips for 10 years or more, Maeil Business Newspaper reported late on Tuesday, citing unnamed industry sources. The reports did not mention financial details.

SK Hynix declined to comment. Bosch did not have an immediate comment.

The South Korean company has memory chip supply partnerships with auto suppliers Continental and Hyundai Mobis, a source with knowledge of the matter said, declining to be identified as the agreements are confidential.

Companies globally are struggling to secure chip inventory due to an unprecedented shortage of semiconductors, forcing governments to introduce policies bolstering local chip industries.

(Reporting by Joyce Lee; Editing by Muralikumar Anantharaman)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
CONTINENTAL AG 1.40% 66.7 Delayed Quote.-28.36%
HYUNDAI CORPORATION 0.53% 18800 End-of-day quote.11.90%
HYUNDAI MOBIS CO.,LTD 3.85% 202500 End-of-day quote.-20.43%
HYUNDAI MOTOR COMPANY 2.47% 186500 End-of-day quote.-10.77%
SK HYNIX INC. 1.35% 112500 End-of-day quote.-14.12%
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Analyst Recommendations on SK HYNIX INC.
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Financials
Sales 2022 58 189 B 45,7 B 45,7 B
Net income 2022 12 509 B 9,82 B 9,82 B
Net Debt 2022 6 280 B 4,93 B 4,93 B
P/E ratio 2022 6,38x
Yield 2022 1,53%
Capitalization 77 357 B 60 754 M 60 754 M
EV / Sales 2022 1,44x
EV / Sales 2023 1,14x
Nbr of Employees 29 711
Free-Float 73,9%
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Technical analysis trends SK HYNIX INC.
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 36
Last Close Price 112 500,00 KRW
Average target price 160 714,29 KRW
Spread / Average Target 42,9%
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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