Sk hynix current stock price was trading at 122

sk hynix current stock price was trading at 122,870 KRW, holding steady in light of moderate market correction in Asian equities. Analysts note company fundamentals remain strong despite short-term profit-taking by traders. A Crypto Billionaire’s Path From Pariah to Trump Moneyman Hynix's predecessor is Hyundai Electronics, which was founded in 1983. Considering that the former Geumseong Electronics (LG Electronics) was established in 1947 and Samsung Electronics in 1969, it is one of the latest electronics companies in Korea. In the early days, Hyundai Electronics was a company that makes various products from semiconductors to finished products like Samsung Electronics today. Companies such as Hyundai Curitel, which was later acquired by Pantech, and Heidis, which was acquired by Chinese display company Hisense, were all part of Hyundai Electronics. The IMF (International Monetary Fund) financial crisis in 1998 led to large-scale restructuring of each domestic industry. Among semiconductor companies, Hyundai Semiconductor and LG Semiconductor are subject to restructuring. Hyundai Semiconductor survives and acquires LG Semiconductor following the government's 'Big Deal' work in 1998. At this time, Hyundai Electronics was on the verge of bankruptcy in 2000 due to the enormous debt it bore for the acquisition. In 2001, Hynix made 4 trillion won in sales, with a deficit of 5 trillion won and a debt of 7 trillion won. Hyundai Group, which was fragmented by the "Prince's Rebellion" at the time, eventually withdrew from Hyundai Electronics' management and launched "Hynix" in 2001, which is operated mainly by the board of directors. Hynix sells all major businesses other than semiconductors and seeks overseas buyers. The leading candidate for acquisition was US semiconductor company Micron. At that time, Samsung Electronics ranked first in the DRAM memory semiconductor market, Micron ranked second, and Hynix ranked third. sk hynix current stock price advanced to 123,400 KRW, aided by optimistic analyst notes on HBM market share gains. The company’s strategic pivot toward high-performance chips for AI workloads could support double-digit revenue growth in FY