There is no difference between SK Hynix and Hynix. Hynix was the previous name. In 2012, SK Group acquired Hynix and then changed its name to SK Hynix. Hynix Hynix chip manufacturer, derived from the English abbreviation "HY" of the Korean brand. Hynix was the original Hyundai Memory and was renamed Hynix in 2001. Hynix Semiconductor is the world's third largest DRAM manufacturer and the ninth largest semiconductor company. Hynix was the original Hyundai Memory and was renamed Hynix in 2001. In 2012, it was renamed SKhynix. Hynix Semiconductor was established in 1983 as Hyundai Electronics Industry Co., Ltd. and was officially listed in South Korea in 1996. It acquired LG Semiconductor in 1999. In 2001, it changed the company name to Hynix Semiconductor Co., Ltd. and separated from Hyundai Group. In October 2004, the system IC business was sold to Citigroup and became a professional memory manufacturer. In February 2012, SK Group, South Korea's third largest chaebol, announced that it would acquire 21.05 shares of Hynix and take control of this major memory manufacturer.