Hynix Semiconductor was founded as Modern Electronics Industry Co., Ltd. in 1983 and officially listed in South Korea in 1996. Hynix chip manufacturer originated from the Korean brand abbreviation "HY". Hynix, formerly known as modern memory, was renamed Hynix in 2001. Representative director: Quan Wuzhe.

  In 1999, LG Semiconductor was acquired, and in 2001, the company name was changed to Hynix Semiconductor, separating from Hyundai Group.

  In October 2004, the system IC business was sold to Citigroup, becoming a professional memory manufacturer. Hynix Semiconductor is the world's second-largest DRAM manufacturer and also ranks ninth in the entire semiconductor company. Currently, there are four 8-inch wafer production lines and one 12 inch production line in South Korea, and one 8-inch production line in Oregon, United States.

  In 2004 and 2005, the global DRAM market share ranked second, while the Chinese market share ranked first At present, there are sales entities and offices around the world, with a total of 21000 employees (including overseas employees) Hynix Semiconductor, as an intangible infrastructure, strives to create a comfortable living environment for customers through semiconductors. At present, Hynix Semiconductor is committed to producing semiconductor products mainly based on DRAM and NAND Flash.