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Kwak Noh-Jung

Kwak Noh-Jung

Chief executive officer, SK hynix

Appears in 7 stories

Last updated Nov 2, 2026

Stories

SK Hynix posts record profit, says AI memory booked through 2029

Money Moves

Leading SK hynix through record earnings; first earnings call appearance in six years

SK hynix posted a record quarterly operating profit of 83.3 trillion won (about US$62.5 billion) for July through September, up sevenfold from a year earlier and above analyst expectations. Revenue crossed 100 trillion won for the first time, at 104.6 trillion won.

Updated Nov 2

SK Hynix halts Solidigm US IPO after shareholder concerns

Money Moves

On Oct 28 said the Solidigm IPO review was discontinued and that funding would match valuation; no US funding route announced.

SK Hynix dropped the planned US listing of its Solidigm memory unit, a sale that could have raised $15 billion at a $150 billion valuation. It halted the review on October 23, citing market conditions and share prices. On October 28 it said the review was discontinued. South Korean regulators had said the listing would fall under rules meant to protect parent-company shareholders.

Updated Nov 1

First open standard published for high bandwidth flash AI memory

New Capabilities

As of August 2026: Co-leading the HBF standard and targeting the next-generation NAND market

AI chips are starving for memory. On August 4, 2026, SK hynix and Sandisk published the first open technical standard for a possible fix: High Bandwidth Flash, or HBF.

Updated Aug 4

SK Hynix debuts on Nasdaq in largest US listing by a foreign company

Money Moves

As of July 2026: Led the company's US listing

SK Hynix rang the Nasdaq opening bell on July 10 and raised about $26.5 billion. No foreign company has ever raised more in a US share sale.

Updated Jul 10

SK hynix ships first 12-layer HBM4E samples for AI systems

New Capabilities

As of June 2026: Leading SK hynix through the HBM4 ramp and HBM4E qualification

Modern AI chips can crunch numbers faster than memory can feed them data. On June 18, 2026, SK hynix said it shipped samples of HBM4E, a stacked memory chip built to narrow that gap, to major customers.

Updated Jun 18

AI memory chip boom reshapes South Korea's stock market

Money Moves

As of May 2026: Leading company through record-breaking performance

South Korea's benchmark KOSPI stock index crossed 6,000 points for the first time on February 25, 2026. It completed its climb from 5,000 to 6,000 in just 34 trading days, the fastest thousand-point advance in the index's history.

Updated May 29

The packaging pivot: why AI's real bottleneck isn't chips—it's putting them together

Built World

As of May 2026: Leading company through HBM expansion

For decades, chip packaging was the unglamorous final step—stacking and connecting silicon dies after the real engineering was done. Now it's the constraint holding back AI.

Updated May 20