Yoon Poong-young has been appointed as the head of SK Hynix's Global Growth Task Force (TF).
According to industry sources on August 13, Yoon is expected to manage the TF while also overseeing the expansion of SK Hynix's global artificial intelligence (AI) business.
The Global Growth TF is a newly established organization consisting of about ten technical leaders from SK Hynix. The task force will focus on expanding global AI operations and identifying new business opportunities.
Born in 1974, Yoon holds a bachelor's degree in mechanical engineering from Yonsei University and an MBA from INSEAD in France. He joined SK Group in 2007 and was appointed president of SK C&C, the predecessor of SK AX, before moving to the role of president of the SK Supex Council in October of last year.
The establishment of this task force is expected to accelerate SK Hynix's global expansion. Last month, SK Hynix issued American Depositary Receipts (ADRs) and was listed on NASDAQ, while also creating a dedicated AI investment firm, 'AI Company,' with a focus on local business development.
Meanwhile, SK Hynix reported record quarterly earnings for the second quarter of this year, with revenues of 79.3187 trillion won and an operating profit of 60.5426 trillion won, driven by increased demand for AI memory. This represents a 257% increase in revenue and a 557% increase in operating profit compared to the same period last year.
* This article has been translated by AI.
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