SK Hynix to use 30% recycled materials by 2030

The company plans to transition from some metals to recycled materials in semiconductor production

SK Hynix to use 30% recycled materials by 2030
Ye-Rin Choi 1
2024-02-06 17:35:23 rambutan@hankyung.com
Korean chipmakers

SK Hynix Inc., the world's second-largest memory chip producer, announced on Tuesday that it has established a medium- to long-term plan to utilize recycled and renewable materials in manufacturing, the first of its kind in the global semiconductor industry.

The medium- to long-term roadmap includes a goal to increase the proportion of recycled materials used in SK Hynix's chip products, based on weight, to 25% by 2025 and over 30% by 2030.

To achieve this, the company will transition certain essential materials used in semiconductor production, such as copper, tin, gold, and other metals to recycled materials.

SK Hynix explained that metal materials, which constitute a significant portion of the weight of finished memory semiconductors and are difficult to replace with other materials, have the greatest impact on resource circulation when recycled.

Plastic packaging materials used to protect semiconductor products will be replaced with recycled plastics.

The company has strengthened the certification process and quality evaluation for recycled materials it directly purchases.

It has also established a system for reviewing the application of quality evaluations to components supplied by partner companies, enhancing the system to achieve the roadmap goals.

SK Hynix plans to communicate and support collaboration with suppliers to participate in the verification and certification of the usage rate of recycled materials by credible external organizations, such as the International Organization for Standardization (ISO).

Write to Ye-Rin Choi at rambutan@hankyung.com
#SK Hynix #recycled materials #renewable materials #net-zero goals #International Organization for Standardization #ESG

SK Hynix to build US chip packaging plant in Indiana: FT

SK Hynix to build US chip packaging plant in Indiana: FT

SK Hynix Inc., the world’s second-largest memory chip producer, is reported to have picked Indiana as the site for its advanced chip packaging plant in the US, according to the Financial Times on Thursday.SK Hynix Chief Executive Chey Tae-won vowed to invest $22 billion to build chip pac

SK Hynix swings to profit; sees 60% surge in HBM demand

SK Hynix swings to profit; sees 60% surge in HBM demand

SK Hynix Inc. turned a profit in the last quarter of 2023, reversing losses over the past four quarters as high-performance chips such as double data rate 5 (DDR5) and high bandwidth memory 3 (HBM3) drove rapid sales growth, the company said on Thursday.The stronger-than-expected res

SK Hynix raises $1.5 bn in foreign bonds amid high demand

SK Hynix raises $1.5 bn in foreign bonds amid high demand

SK Hynix Inc., the world’s second-largest memory chipmaker, has raised $1.5 billion in foreign currency bonds, with the debt offering four times oversubscribed on growing expectations of a semiconductor industry recovery, according to investment banking sources on Tuesday.The bond issuance,

Memory chipmaker SK Hynix to raise $1 bn in dollar bonds

Memory chipmaker SK Hynix to raise $1 bn in dollar bonds

SK Hynix (Courtesy of Yonhap News) South Korea’s SK Hynix Inc., the world’s second-largest memory chipmaker, is seeking to raise about $1 billion in dollar bonds.The chipmaking arm of SK Corp. has tapped eight investment banks to issue three- and five-year bonds, according to Reuter

Samsung, SK Hynix join forces with foreign rivals to win AI chip war 

Samsung, SK Hynix join forces with foreign rivals to win AI chip war 

(Courtesy of Getty Images) South Korea’s two chip giants Samsung Electronics Co. and SK Hynix Inc. are expected to further deepen ties with rivals and customers from around the world in the new year to advance their chiplet, computer express link (CXL) and customized chip technologies to

(* comment hide *}