Home Credit Ratings and Research S&P Global Ratings’ Credit Research SK Hynix Inc.

Outlook On Korea's Hynix Revised To Stable On Recovery Of DRAM Prices And Company Profitability

Published Nov 13, 2009

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Abstract:

Hynix recorded positive operating income in the third quarter of 2009 following a significant recovery in DRAM prices. We revised the outlook on the long-term corporate credit rating on the firm to stable from negative, based on our opinion that the risk of further deterioration in the company's financial risk profile is significantly mitigated by the strong rebound in DRAM prices. We affirmed our 'B+' long-term corporate and our 'B' senior unsecured debt ratings on Hynix. HONG KONG (Standard&Poor's) Nov. 13, 2009--Standard&Poor's Ratings Services today revised to stable from negative the outlook on its long-term corporate credit rating on Hynix Semiconductor Inc. (Hynix) following the recovery of the DRAM market and the company's profitability. At the

Report Type:

Ratings Action

Ticker

0066@KS

Issuer

SK Hynix Inc.

GICS

Semiconductors (45301020)

Sector

Global Issuers

Country

Korea

Region

Emerging Markets

Format:

HTML

Hynix Semiconductor Inc. – 2010/04/28 – US$ 500.00

Summary: Hynix Semiconductor Inc. – 2010/04/28 – US$ 225.00

Outlook On Korea's Hynix Revised To Positive On Improving Financials; Rating Affirmed At 'B+' – 2010/11/24 – US$ 150.00

Summary: Hynix Semiconductor Inc. – 2010/11/30 – US$ 225.00

Hynix Semiconductor Inc. – 2011/04/27 – US$ 500.00

Hynix Semiconductor Inc. – 2009/04/14 – US$ 500.00

Summary: Hynix Semiconductor Inc. – 2009/04/14 – US$ 225.00

Ratings On Hynix Semiconductor's Senior Unsecured Notes Lowered To 'B' – 2009/01/14 – US$ 150.00

Ratings On Korea-Based Hynix Semiconductor Lowered To 'B+'; Outlook Negative – 2008/12/26 – US$ 150.00

Outlook On Korea-based Hynix Semiconductor Revised To Negative On Earnings Recovery Concerns – 2008/10/30 – US$ 150.00

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MLA:	S&P Global Ratings’ Credit Research. "Outlook On Korea's Hynix Revised To Stable On Recovery Of DRAM Prices And Company Profitability" Nov 13, 2009. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Outlook-On-Korea-s-Hynix-Revised-To-Stable-On-Recovery-Of-DRAM-Prices-And-Company-Profitability-757183>

APA:	S&P Global Ratings’ Credit Research. (). Outlook On Korea's Hynix Revised To Stable On Recovery Of DRAM Prices And Company Profitability Nov 13, 2009. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Outlook-On-Korea-s-Hynix-Revised-To-Stable-On-Recovery-Of-DRAM-Prices-And-Company-Profitability-757183>

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