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THE INVESTOR

Industrials

SK hynix launches foundry affiliate

  • PUBLISHED :July 10, 2017 - 15:40
  • UPDATED :July 10, 2017 - 15:40
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[THE INVESTOR] SK hynix said on July 10 that it officially launched a new affiliate, which will focus on the company‘s foundry business.

SK hynix System IC, wholly owned by SK hynix, will focus on the foundry business, which refers to making chip designs for other companies that do not have a semiconductor fabrication plant.

Korea’s No. 2 chipmaker announced in May that it will spin off its foundry business in order to beef up its competitiveness in this sector.

SK hynix System IC said it plans to focus efforts on developing its 200-millimeter production technologies to attract more clients.

By Alex Lee and newswires (alexlee@heraldcorp.com)
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