SK Hynix's future growth direction is defined as artificial intelligence (AI). It has been reported that Vice Chairman Park Sung-Wook, who retired from being the SK Hynix CEO at the end of last year, gathered an organization to present the company’s R&D vision for AI as a future technology & growth manager. Song Hyun-Jong, SK Hynix Vice President, will look for AI-related growth engines under the direction of Vice Chairman Park. VP Song is from SK Telecom and has been working for SK Hynix since 2012.
Vice Chairman Park attended the CES 2019 held in Las Vegas earlier this month and carefully examined the technology and market trends related to AI. Previously, SK Hynix said, "Even if Vice Chairman Park resigns from his position as CEO, it is expected that he will discover and plan the future growth engine of the company."
SK Hynix, a memory specialist, seems to have decided that AI could become a key growth engine. AI is implemented with the concept of 'learning computers'. The computer can distinguish between puppy and cat pictures because it allows you to enter a lot of photo data and teach it that ‘this is a cat" and "that is a dog". If the AI era opens, the system semiconductor industry will benefit, but there is also a significant opportunity in the memory sector. The industry is demanding memory technology that can rapidly store large amounts of unstructured data on enterprise storage systems and reduce bottlenecks when writing data for learning.
In the field of 'on-device AI', which performs AI operations on individual devices, memory bottlenecks are recognized as a task to be improved quickly. An industry observer said, "We need to be able to read and write data quickly to make the AI learning easier, thus we believe that we can find a solution that can solve this."
Vice Chairman Park is also the ICT Chairperson of the SK Group SUPEX Seeking Council. If SK Hynix's AI growth direction is determined, it could spread to the entire group.