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

SK Hynix Inc.

Published Mar 04, 2014

3155 words — Published Mar 04, 2014

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About This Report

Abstract:

Our 'BB+' rating on SK Hynix Inc. is derived from: A 'bb' anchor for the company that we base on our assessment that the company has a "fair" business risk profile and "significant" financial risk profile. The absence of impact that modifiers had on the stand-alone credit profile (SACP) for Hynix. A one-notch elevation from the 'bb' SACP to 'BB+' as a result of our assessment of Hynix as a "moderately strategic" subsidiary of SK Telecom Co. Ltd. (SKT; A-/Stable/--), under our criteria for group rating methodology. Good position in the global market for dynamic random access memory (DRAM) and NAND flash memory Strong technological capabilities and good operating efficiency Exposure to cyclical and rapidly changing semiconductor industry Positive free

Brief Excerpt:

RESEARCH SK Hynix Inc. Publication date: 04-Mar-2014 Primary Credit Analyst: JunHong Park, Hong Kong (852) 2533-3538; junhong.park@standardandpoors.com Secondary Contact: Sangyun Han, Hong Kong (852) 2533-3526; sangyun.han@standardandpoors.com...

Report Type:

Full Report

Ticker

0066@KS

Issuer

SK Hynix Inc.

GICS

Semiconductors (45301020)

Sector

Global Issuers

Country

Korea

Region

Emerging Markets

Format:

HTML

Outlook On Korea's SK Hynix Revised To Positive On Strong Operating Performance, Debt Reduction; 'BB+' Rating Affirmed – 2014/11/21 – US$ 150.00

Research Update: Outlook On Korea's SK Hynix Revised To Positive On Strong Operating Performance, Debt Reduction; 'BB+' Rating Affirmed – 2014/11/21 – US$ 225.00

SK Hynix Inc. – 2014/12/03 – US$ 500.00

Summary: SK Hynix Inc. – 2014/12/03 – US$ 225.00

SK Hynix Inc. – 2015/12/23 – US$ 500.00

Summary: SK Hynix Inc. – 2014/03/04 – US$ 225.00

SK Hynix Inc. Upgraded To 'BB+' On Revised Corporate Criteria, Off Watch; Outlook Stable – 2013/12/05 – US$ 150.00

Research Update: SK Hynix Inc. Upgraded To 'BB+' On Revised Corporate Criteria, Off Watch; Outlook Stable – 2013/12/05 – US$ 225.00

Korea's SK Hynix Upgraded To 'BB' On Potential Extraordinary Support From SK Telecom; Outlook Stable – 2013/02/22 – US$ 150.00

Research Update: Korea's SK Hynix Upgraded To 'BB' On Potential Extraordinary Support From SK Telecom; Outlook Stable – 2013/02/22 – US$ 225.00

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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "SK Hynix Inc." Mar 04, 2014. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/SK-Hynix-Inc-1267148>

APA:	S&P Global Ratings’ Credit Research. (). SK Hynix Inc. Mar 04, 2014. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/SK-Hynix-Inc-1267148>

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