South Korean manufacturer of memory chips SK Hynix has officially announced the separation of the business (IC foundry, production of chips for technical documentation of customers) in a new subsidiary. This decision should help the chip maker increase the presence in the market of single-chip systems, reports the news agency Yonhap.

The structure, which will focus on the production of chips for other companies, deprived of their own production capacity, was named SK Hynix System IC. The emphasis will be on making 200nm semiconductor wafers to cover a wider range of customers.

According to industry observers referenced by the publication, the semiconductor business contract division will allow SK Hynix to penetrate deeper into the market of system chips that will play a key role in such new technologies as artificial intelligence and "Internet of things".

It is assumed that due to the separation of the business community SK Hynix will be able to attract more customers. According to IHS Markit analysts, in 2016 the fund business brought SK Hynix revenues of 116 billion won (about $ 103 million), which was less than 1% of the total sales of SK Hynix at 17.2 trillion won. The world market of services for contract manufacturing of chips by the results of 2016 is estimated at $ 49.4 billion, which is 10% more than a year ago. This rise researchers connect with the growing demand for solutions for the "Internet of things".

The business division for semiconductor manufacturing will help SK Hynix avoid conflicts of interest. Clients of the company will not be afraid that for the sake of self-profit SK Hynix orders of third parties will be rejected or will face delays. In other words, the South Korean manufacturer is counting on the influx of customers. Some analysts believe that after the separation of the fund business can follow its sale and reorganization of the whole company.

According to analysts surveyed by FnGuide analysts, in the second quarter of 2017 operating profit of SK Hynix was about 3 trillion won (2.6 billion dollars), up from 2.47 trillion won three months earlier. Eugene Investment & Securities expect that by the end of this year the company's profit will reach 12.8 trillion won.

It is noted that the profitability of the SK Hynix business has improved dramatically due to the fact that memory costs more quickly than NAND flash, and the memory market as a whole remains more attractive to leaders than other semiconductor solutions due to the monopolistic situation. Samsung Electronics and SK Hynix occupy 75% of the DRAM market. This product brings SK Hynix about 77% of profit, Samsung - about 58%.

SK Hynix is ??gradually converting production facilities to flash memory, which provides the company with up to 25% of revenue.