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SK hynix appoints VP Ryu Sung-soo as CEO of US unit
Korean semiconductor manufacturer SK hynix has appointed vice president Ryu Sung-soo as the new CEO of SK hynix America on Jan. 26.
Ryu succeeds Kim Ju-seon, who led the US subsidiary for four years.
He joined SK hynix in 2019 and previously managed global sales and marketing for the company’s high bandwidth memory (HBM) business.
Located in San Jose, California, SK hynix America serves as an important link between the South Korean company and its US customers.
In 2024, SK hynix reported sales of 66.2 trillion won (US$46.2 billion) and an operating profit of 23.5 trillion won (US$16.4 billion), with strong demand for HBM products, especially in the AI sector, contributing to its financial growth.
Recent SK hynix developments
| Timeline |
|---|
24-Jan-2025 💹 SK hynix hits $46b revenue on AI-driven chip demand
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22-Jan-2025 📈 Samsung, SK hynix may shift production over US tariffs
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20-Dec-2024 💼 SK Hynix gets $458m US grant for AI chip plant in Indiana
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28-Nov-2024 📈 SK Hynix announces $2.1b dividend hike
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| 24-Oct-2024 📈 SK Hynix profits $5b from AI memory demand |
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