SK Hynix Inc. ADR traded at $137.02 this Friday October 23rd, increasing $5.33 or 4.05 percent since the previous trading session. Looking back, over the last four weeks, SK Hynix Inc. ADR gained 26.48 percent. Over the last 12 months, its price fell by 8.04 percent. Looking ahead, we forecast SK Hynix Inc. ADR to be priced at 124.06 by the end of this quarter and at 93.15 in one year, according to Trading Economics global macro models projections and analysts expectations.
SK hynix Inc is a Korea-based company primarily engaged in the manufacturing and sale of memory semiconductor products. The Company's product portfolio includes semiconductor products, such as dynamic random access memory (DRAM) and NAND Flash products, used mainly in industrial electronic devices, as well as multi-chip packages (MCPs). The Company also engages in the foundry business. Additionally, the Company is engaged in the manufacturing and sale of complementary metal oxide semiconductor image sensors (CISs). CISs are used in mobile phones, laptops, tablets, medical devices, digital single-lens reflex (DSLR) cameras, camcorders, automobiles, security equipment, gaming consoles, and home appliances. The Company sells its products in both domestic and overseas markets.