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SK Hynix, Inc. (HXSCF)

- Grey Market
  • Fri, Apr. 24, 11:37 AM
    • Possibly weighing on Silicon Motion (SIMO -7.1%) today: Northland Securities observes memory giant SK Hynix (OTC:HXSCF - reported earnings on Wednesday) plans to launch its own NAND controllers for the new/high-speed UFS 2.0 standard in late 2015 or early 2016
    • Northland expects UFS 2.0 (used in Samsung's Galaxy S6 and expected to go into Xiaomi's next-gen flagship) to gain share against the widely-used eMMC standard on the high-end, and thinks Hynix's controllers "will likely impact SIMO's share" at the company. It notes Hynix accounts for ~90% of SIMO's eMMC controller business, or ~35% of total revenue.
    • SIMO is working on its own UFS 2.0 controllers, which are expected to ship late this year or early next. Northland: "I do not believe that all of the eMMC business is at risk, but this will not be received well by the Street. SIMO will have this as a headwind until they can show that they will not lose significant share at SK Hynix."
    • Earlier: SIMO buying Chinese SSD/storage vendor
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  • Feb. 27, 2012, 9:09 AM
    Micron (MU) +5.4% premarket after Japan-based DRAM maker Elpida files for bankruptcy protection. Elpida is expected to continue producing chips, at least for now, but the move should help other DRAM makers, including Micron, Samsung (SSNLF.PK) and Hynix (HXSCF.PK).
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  • Jul. 29, 2011, 3:45 PM
    Memory technology firm Rambus (RMBS) is down 3.2% after an appeals court refuses to reconsider a ruling finding the company guilty of destroying documents relevant to a lawsuit against DRAM manufacturers Micron (MU) and Hynix (HXSCF.PK). However, analyst Mike Crawford doesn't think the ruling will affect the conflict's resolution.
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Company Description
Currently, there's no company description for HXSCF.
Sector: Technology
Country: Korea