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SK hynix Partners With SK Telecom and Penguin Solutions to Drive AI Data Center Business

By January 10, 2025 No Comments

News Highlights

  • Signs an agreement at CES 2025 to promote joint R&D and business of AI data center solutions
  • Company to overcome the limitations of memory technology and lead the expansion of the global AI ecosystem through business cooperation

SEOUL, January 10, 2025

SK hynix Inc. (or ‘the company’, www.skhynix.com) announced on the 10th that it signed an agreement with SK Telecom and Penguin Solutions in Las Vegas on the 9th (local time) to promote joint R&D and business of AI data center solutions.

The signing ceremony was attended by key executives including SKT CEO Ryu Young-sang, Penguin Solutions CEO Mark Adams, and SK hynix AI Infrastructure President Justin Kim.

Penguin Solutions is a leading company specializing in AI data center solutions, which builds and manages customized data centers for companies that provide AI services.

Through this partnership, the three companies aim to pioneer new markets and take part in R&D and commercialization of solutions, to reach the goal of expansion in AI data centers. SK hynix also plans to work closely in the field of developing next-generation memory products for data centers to expand its HBM competitiveness.

Innovation of semiconductor memory technology is essential for the efficient operation of AI data centers, and improving power efficiency and heat dissipation performance is considered as a key challenge. Through collaboration with SK Telecom and Penguin Solutions, SK hynix plans to overcome the limitations of memory technology and lead the expansion of global AI ecosystem.

SK hynix AI Infrastructure President Justin Kim, SKT CEO Ryu Young-sang and Penguin Solutions CEO Mark Adams

SK hynix AI Infrastructure President Justin Kim, SKT CEO Ryu Young-sang and Penguin Solutions CEO Mark Adams

 

About SK hynix Inc.

SK hynix Inc., headquartered in Korea, is the world’s top-tier semiconductor supplier offering Dynamic Random Access Memory chips (“DRAM”), flash memory chips (“NAND flash”), and CMOS Image Sensors (“CIS”) for a wide range of distinguished customers globally. The Company’s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxemburg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.

Media Contact

SK hynix Inc.
Global Public Relations

Technical Leader
Sooyeon Lee
E-Mail: global_newsroom@skhynix.com

Technical Leader
Kanga Kong
E-Mail: global_newsroom@skhynix.com