SK Hynix has seen much success in the DRAM and NAND flash market. In the ranking of the world's top DRAM companies, SK Hynix is placed second with a 27.7% market share, says Kevin Tu, industry analyst with MIC (Market Intelligence & Consulting Institute), a Taipei-based IT research institute. "Meanwhile, SK Hynix currently holds 15.3% of the global NAND flash market, ranking fourth after Samsung, Toshiba, and Micron. This is mainly because its technology and production levels are yet up to par competitively with industry giants like Samsung and Toshiba."

Among its products, SK Hynix focuses most on the development of DRAM and NAND flash—in particular, DRAM, which was what the company was founded on. "In 2015, close to 75% of SK Hynix's revenue rely on DRAM chips and 22% on NAND flash chips. Together, these two products drive around 97% of the company's revenue," Tu explains. Its other non-memory chip businesses form a much lesser share of the revenue. These non-memory chip businesses, comprised mainly of CIS, followed by a very small proportion of PMIC (Power Management IC) and Drive IC, represent around 3% of the company's revenue.

Revenue Distribution of SK Hynix by Product Type in 2015

Source: MIC, June 2016

To see more about this report, please visit: SK Hynix's Strategic Planning for Memory Development

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Market Intelligence & Consulting Institute (MIC), based in Taipei, Taiwan, was founded in 1987. MIC is Taiwan's premier IT industry research and consulting firm providing intelligence, in-depth analysis, and strategic consulting services on global IT product and technology trends, focusing on markets and industries in Asia-Pacific. MIC is part of the Institute for Information Industry. https://mic.iii.org.tw/english