SK hynix to exit image sensor biz, focus on AI memory

SEOUL, March 6 (Yonhap) -- Chip giant SK hynix Inc. said Thursday it has decided to withdraw from the image sensor business for smartphones and digital cameras to focus on artificial intelligence (AI) memory in a bid to strengthen its competitiveness as a leading AI memory provider.

"In order to solidify our position as a global AI company, we will integrate the image sensor business unit into the AI memory business," SK hynix said in a release.

The company said the decision will allow it to sharpen its focus on AI memory and establish itself as a "full-stack AI memory provider," offering a broad array of AI-centric memory products and technologies.