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Company Name: Hynix

Description: Hynix Semiconductor Inc. is a prime manufacturer and distributor of Dynamic Random Access Memory (DRAM), and components for Flash memory chips. This memory semi-conductor company is based in Korea and their semiconductor memory components are deployed around the world in a variety of computer and electronic systems, both personal and corporate environments.

Hynix’s management team is headed by its Chairman, President and CEO, Jong-Kap Kim, who contributed his notable expertise to accomplish the company’s achievements. Serving as Executive Vice President and Chief Marketing Officer is Dae Soo Kim; and serving as Senior Vice President and Chief Financial Officer is Seung Yon Lee. They provide the support necessary to direct Hynix towards its vision.

Stocks of the company are actively traded in the Luxemburg and Korea Stock Exchange. Hynix’s company sales can be mostly attributed to their success in the Asia Pacific region.

The company previously carried the name, Hyundai Electronics until 2001 when it separated from the Hyundai Group because their operations have grown in great proportions. Manufacturing plants were established in the outside areas of South Korea, and in countries such as Mainland China, the United States and Taiwan.

Hynix encountered some complications in the past along with some problems in price collusion, but still the company was still able to make a niche in the highly competitive market for computer memory.

Hynix continues to compete and maintain its standing in the world market for computer memory. Aside from this, it also ventured to other markets to avoid decrease of its chip market shares.

Its main competitors in the memory chip market in the United States are Micro Technology, LSI Logic Corporation, Infineon Technologies AG, Advanced Micro Devices and Texas Instruments Inc. Competitors in the global market include Qimoda from Germany and Samsung Electronics, which is also located in South Korea.

Main operations of Hynix focus in the manufacture and distribution of semiconductors, electronic tubes and valves, communication systems and computers. In the context of components for computer memory, Hynix delivers SMS, SRAM, DRAM, System IC and Flash modules.

In the semiconductor manufacturing industry, Hynix is placed in sixth as one of the largest companies in the business. It is also noted as the second largest maker of memory chips in the computer market and is known to have the largest market share in the Chinese computer market as well.

Hynix products are used in Asus Eee PC Systems and in the Apple MacBook Pro, items that are high in demand today.

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