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Hynix expand Wuxi DRAM investment

Recent DRAM to buoyant demand, prices keep rising, sales rising.Facing manufacturing DRAM overwhelming profits, fab already as fat, growing DRAM capacity.As the world's second largest SK hynix DRAM manufacturers also not to be outdone, wants to become BaTou DRAM market.

In the third quarter of this year SK hynix sales of 8.1 million won, excellent performance, which makes its sales, operating profit and net profit all create a record for this issue.Hynix take many measures to actively increase investment to improve DRAM products market share and profit.

On October 29th, SK group vice President, SK hynix (strains) on behalf of the director of the CEO PiaoXing yu to wuxi.And signed a contract with the wuxi city government, hynix second factory on new projects, a total investment of $8.6 billion, after the completion of the project, will form the quantity 200000 10 nanoscale silicon wafer production capacity.

Earlier this year, SK hynix to plan from the time of year for a period of five years, increase the investment of $3.6 billion in wuxi, the sixth for the company in wuxi plant technical transformation project, the project specific content involved new factory, new equipment and raw material purchasing, etc.
South Korea SK hynix is the world's second semiconductor maker of storage coverage area in wuxi heald establishment since 2005, after five major investment, a total investment of more than $10.5 billion, jiangsu province has become the single largest investment, storage, semiconductor production technology the most advanced wholly foreign owned enterprise.

Wuxi current will be the key point of the development of the integrated circuit industry as an industry, specifically formulated related policies, set up a total of 20 billion yuan of industrial investment fund, accelerate the development of IC industry.In particular, this year also introduced research and development of wuxi huahong integrated circuit manufacturing base and tianjin zhonghuan wuxi integrated circuit big silicon projects.

SK hynix has released figures showing that the third quarter of this year SK hynix sales of 8.1 million won (RMB 47.7 billion), operating profit of 3.7372 million won, (RMB 22 billion), sales, operating profit and net profit in current hit a record high.

Analysis pointed out that the SK hynix bright eye achievements were made in the third quarter, because of the global DRAM shipments and the average selling price rose, product supply tight, shipments and the average selling price of quarter increased 17%, 6%;NAND flash memory season average selling price minus 3%, but shipments from new smartphones listed under the influence of growth of 16%.

SK hynix ranked fifth in the NAND market share, according to Gartner, 2017 memory chip industry overall income may be a record of $126 billion, could be increased to $130 billion in 2018.But in the field of DRAM, SK hynix just behind samsung electronics.