SK Hynix “Memory is the center of the AI ​​era… “Goal of market cap of 200 trillion within 3 years”

2024-01-09 14:04:46

President Kwak No-jeong reveals his future vision
“Providing customer-specific optimal AI memory”

▲ No-Jeong Kwak, President of SK Hynix, “The era of memory-centered artificial intelligence (AI) is coming.”

SK Hynix President Kwak No-jeong said, “With the explosive increase in data, the era of ‘artificial general intelligence’ (AGI, AI with human-like reasoning, learning, and problem-solving abilities) is opening,” adding, “It plays a key role in processing data in a new era. “What you do is memory,” he said. This means that as AI develops, the importance of memory semiconductors also increases.

On the 8th (local time), a day before the opening of CES 2024, the world’s largest home appliance and information technology (IT) exhibition, President Kwak held a media conference with the theme of ‘Memory semiconductors, the driving force of artificial intelligence (AI)’ in Las Vegas, USA, and said, “Each customer “We will provide optimal AI memory specialized for .”

This is the first time that the CEO has revealed his future vision through a press conference since changing the company name from ‘Hynix Semiconductor’ to SK Hynix in March 2012. It is interpreted that the company is showing confidence as it is leading the way in the AI ​​memory field, such as high-bandwidth memory (HBM). President Kwak cited steady investment in technology and close communication and cooperation with customers as the background to the world’s No. 1 competitiveness in the HBM field. He pointed out that the most difficult thing about going through the semiconductor recession was the macro environment and geopolitical situation that changed so quickly that it was difficult to predict. He said that as environmental, social, and governance (ESG) management has become a hot topic, it has also become a challenge to always have to think about it together. At the same time, he explains, “Challenges are a stimulus that makes a company grow,” and “If we respond well, we will have another opportunity for growth.”

President Kwak added, “Our internal goal is to increase the market capitalization, which is currently around 100 trillion won, to 200 trillion won within three years.”

Las Vegas reporter Kim Heon-ju

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