Formed in 1983, SK hynix is a South Korean memory semiconductor supplier of dynamic random-access memory (DRAM) chips and flash memory chips. Hynix is the world's second-largest memory chipmaker (after Samsung Electronics) and the world's 3rd-largest semiconductor company. Founded as Hyundai Electronic Industrial Co., Ltd. in 1983 and known as Hyundai Electronics, the company has manufacturing sites in Korea, the United States, China and Taiwan. In 2012, when SK Telecom became its major shareholder, Hynix merged to SK Group (the third largest conglomerate in South Korea).

SK hynix History:

• 1949:Founded as Gukdo construction.
• 1983: Incorporated and renamed as Hyundai Electronics Industries Co., Ltd.
• 1985: Started mass production of 256K DRAM
• 1986: The Hyundai-manufactured Blue Chip PC was sold in discount and toy stores throughout the US. It is one of the earliest PC clones marketed toward consumers instead of business.
• 1993: Took over Maxtor (US HDD main factory)
• 1996: Initial public offering on the Korea Stock Exchange
• 1999: Merged with LG Semiconductor Co., Ltd(founded in 1979), then a division of LG Electronics.
• 2000: Spun off Hyundai Image Quest, Hyundai Autonet and Hyundai Calibration & Certification Technologies
• 2001: Changed the company name to Hynix Semiconductor Inc. (from Hyundai Electronics); spun off Hyundai Syscomm, Hyundai CuriTel, and Hyundai Networks; completed spin-off from Hyundai Group
• 2002: Sold HYDIS, TFT-LCD Business Unit
• 2004: Signed System IC Business Transfer Agreement with System Semiconductor
• 2005: Emerged from Corporate Restructuring Promotion Act ahead of schedule. Fined US$185M for involvement in DRAM price fixing cartel.
• 2006: Posted record the highest revenues since foundation
• Established global manufacturing network with complete construction of Hynix-ST Semiconductor Inc.
• Hynix's wholly owned manufacturing subsidiary in China
• 2007: Appointed Jong-Kap Kim as the new Chairman & CEO
• 2009: Company put up for sale by its lenders after it defaulted on loans and a subsequent debt-equity swap
• 2010: Fine of €51.47 million for illegally fixing prices with eight other memory chip makers.
• In January 2010, Hynix Semiconductor Inc was put up for sale in an auction valued at close to $3 billion.
• On 31 August 2010, HP announced collaboration with Hynix to bring memristor to high volume manufacturing step (targeted for 2013).
• 2012: SK Group, the third-largest conglomerate in South Korea, acquired a 21.05% stake in Hynix.
• 2013: Fab 1 and Fab 2 in China both suffered a massive fire which took the factories offline temporarily.
• 2014: SK hynix acquired the firmware division of Softeq Development FLLC to make it a part of its global R&D network alongside Italy-based Ideaflash S.r.l, Link_A_Media Devices and Violin Memory in the US, and Taiwanese Innostor Technology.
• 2020: Hynix announces agreement to purchase Intel's NAND business for $9 billion, expected to close in 2021.

SK hynix Products:

Hynix produces a variety of semiconductor memories, including:

• Computing memory
• Consumer and network memory
• Graphics memory
• Mobile memory
• NAND flash
• CMOS image sensors
• Solid-state drives (SSDs)