News

SK Hynix Expects To Reopen, Says Damage Is Exaggerated By Media Photos

A report by Bloomberg suggests that SK Hynix will reopen their fabrications that were involved in a fire on Tuesday September 3rd. The pictures revealed to the media about the SK Hynix incident suggested a huge catastrophe that appeared to have destroyed both foundries #1 and #2, SK Hynix says this is simply not the case.

“Currently, there is no material damage to the fab equipment in the clean room, thus we expect to resume operations in a short time period so that overall production and supply volume would not be materially affected.” SK Hynix said in a statement.

The fire started at 3:50PM local time and was extinguished by 5:20PM. The large amounts of black smoke are due to the fact the fire was concentrated in one of the air-purification facilities.

Since the fire, market speculation has seen shares in all major DRAM and NAND producing companies rise dramatically, including those of SK Hynix, Samsung and SanDisk. Of course what SK Hynix are trying to get across is that supply will be affected but only for as long as they have to be shut down to fix the fire damage. Both foundries will return to full operation “in a short time”. Obviously the shorter that time is the lesser the impact will be.

Images courtesy of Chiphell

Ryan Martin

Disqus Comments Loading...

Recent Posts

Nvidia’s GeForce RTX 5090 Possible Price Revealed

According to a new report, the GeForce RTX 5090 GPU will be very expensive. It…

2 hours ago

AMD Krackan Processor with 6 Zen 5 and Zen 5c Cores for Budget AI Laptops Leaked

A new AMD processor in the form of an engineering model has been leaked in…

2 hours ago

SK Hynix Begins Production of First 321-Layer NAND Chips

SK Hynix has claimed to be the first company to mass-produce 321-layer NAND memory chips.…

2 hours ago

Trust Gaming GXT 609 Zoxa 2.0 PC Speakers

SOUNDS GREAT – Full stereo sound (12W peak power) gives your setup a booming audio…

7 hours ago

PowerA Wired Controller for Nintendo Switch

Special Edition Yoshi design Ergonomic controller shape with Nintendo Switch button layout Detachable 10ft (3m)…

7 hours ago

Logitech G Saitek PRO Flight Rudder Pedals

Fluid Motion: These flight rudder pedals are smooth and accurate that enable precise control over…

7 hours ago