SK Hynix has completed the allocation of the contract semiconductor production subsidiary

In may, we reported that the company SK Hynix is considering the provision of contract semiconductor production subsidiary.

According to the source, today the company has completed this procedure. The company SK Hynix System IC is fully owned by Hynix and focus on contract manufacturing of semiconductor products for other companies.

The main focus will be to use 200-millimeter wafers to cover a wider range of customers.

The creation of a subsidiary can help Hynix to increase the volume of production for external clients. Before the separation it was brought to the company only 1% of annual income.

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