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Hynix

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Hynix Semiconductor Inc. KSE: [000660] is an electronics company founded in 1983 as Hyundai Electronics Industries Co., Ltd. In the 1980s and 1990s it was mainly focusing on marketing DRAM, and then later SDRAM. In 2001 the business sold their TFT LCD assets for $650m, of the same year they developed the world's first 128MB DDR SDRAM for graphics.

Hynix is among the Worldwide Top 20 Semiconductor Sales Leaders.

In 2004-2005 an investigation was carried out into a worldwide DRAM price fixing conspiracy during 1999-2002 that damaged competition and raised PC prices. As a result, Samsung is to pay $300 million fine, Hynix was to pay $185 mln in 2005, Infineon: $160 mln in 2004. Micron Technology cooperated with prosecutors and no fine is expected.

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