Strong position in the global market for DRAM. Exposure to the cyclical memory semiconductor industry. Good technological capabilities with strong profitability. Significant capital spending needs to keep up with rapid advances in technology. Low debt with strong operating cash flows. Potential volatility in cash flow and leverage. Somewhat aggressive financial policy with large capital investments. The stable outlook on SK Hynix Inc. (Hynix) reflects our expectation that the company will maintain its strong operating performance and stable financial metrics over the next one to two years, mainly due to its good position in the global DRAM market. This is despite Hynix's somewhat aggressive financial policy on capital investments over the next two years. We may raise the rating on Hynix
