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    A000660   KR7000660001

SK HYNIX INC.

(A000660)
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South Korea's SK Hynix near deal to supply auto chips to Germany's Bosch - media

04/06/2021 | 10:25pm EDT
FILE PHOTO: The logo of SK Hynix is seen at its headquarters in Seongnam

SEOUL (Reuters) - SK Hynix Inc, the world's second-largest memory chip maker, is close to signing a long-term deal to provide automotive memory chips to German auto supplier Robert Bosch GmbH, South Korean newspapers reported.

The two companies are directly engaged in talks for SK Hynix to supply Bosch with auto memory chips for 10 years or more, Maeil Business Newspaper reported late on Tuesday, citing unnamed industry sources. The reports did not mention financial details.

SK Hynix declined to comment. Bosch did not have an immediate comment.

The South Korean company has memory chip supply partnerships with auto suppliers Continental and Hyundai Mobis, a source with knowledge of the matter said, declining to be identified as the agreements are confidential.

Companies globally are struggling to secure chip inventory due to an unprecedented shortage of semiconductors, forcing governments to introduce policies bolstering local chip industries.

(Reporting by Joyce Lee; Editing by Muralikumar Anantharaman)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
CONTINENTAL AG 0.96% 115.9 Delayed Quote.-4.41%
HYUNDAI CORPORATION 1.53% 19850 End-of-day quote.24.45%
HYUNDAI MOBIS CO.,LTD 0.18% 273000 End-of-day quote.6.85%
HYUNDAI MOTOR COMPANY -0.22% 222000 End-of-day quote.15.63%
SK HYNIX INC. 0.00% 114000 End-of-day quote.-3.80%
All news about SK HYNIX INC.
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07/27SK HYNIX : sees strong memory chip demand continuing in H2 as profit jumps
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07/26S. Korea's Q2 GDP growth hits decade high but risks loom
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07/26SK Hynix Expects Chip Demand to Continue to Be Strong
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07/26SK Hynix sees strong memory chip demand continuing in H2 as profit jumps
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07/26POSCO : S. Korea's Q2 GDP growth hits decade high but risks loom
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07/26SK HYNIX : Q2 profit jumps 38% on strong chip demand from devices, servers
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More news
Financials
Sales 2021 43 126 B 37,6 B 37,6 B
Net income 2021 9 583 B 8,36 B 8,36 B
Net Debt 2021 6 177 B 5,39 B 5,39 B
P/E ratio 2021 8,64x
Yield 2021 1,23%
Capitalization 77 976 B 68 290 M 67 995 M
EV / Sales 2021 1,95x
EV / Sales 2022 1,36x
Nbr of Employees 28 894
Free-Float 73,9%
Chart SK HYNIX INC.
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SK hynix Inc. Technical Analysis Chart | A000660 | KR7000660001 | MarketScreener
Technical analysis trends SK HYNIX INC.
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TrendsBearishBearishBullish
Income Statement Evolution
Consensus
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Buy
Mean consensus BUY
Number of Analysts 34
Last Close Price 114 000,00 KRW
Average target price 166 823,53 KRW
Spread / Average Target 46,3%
EPS Revisions
Managers and Directors
Seok-Hee Lee President, Chief Executive Officer & Director
Jung-Ho Park Co-Chief Executive Officer & Director
Kwon Hong Managing Director & Head-Finance
Tae-Won Chey Chairman-Executive Board
Tae-Hoon Kim Managing Director & Head-Technology
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