SK Hynix profit tops forecast Samsung results, but shares dip on demand outlook
South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would double this year after reporting a record quarterly profit that surpassed its bigger rival Samsung.
SK hynix expects to surpass Samsung Electronics in operating profit this year
SK hynix is estimated to have surpassed Samsung Electronics' Device Solutions (DS·semiconductor) division operating profit, recording the largest results ever last year. Securities firms projected that SK hynix's operating profit will further increase this year, not lagging behind Samsung Electronics' entire institutional sector.
Daniel Yoo of Yuanta Securities, Korea says the legacy memory business is on a decline, but is optimistic for SK Hynix as ...
Ashvini Byri's successful implementation of the Chipkill algorithm at SK Hynix stands as a testament to innovative leadership ...
Memory maker SK Hynix reported excellent revenue results for 2024, thanks in large part to its high bandwidth memory (HBM). As AI drove demand for hardware from AMD, Nvidia and others, firms like ...
SK Hynix is poised to achieve a record-high operating profit in 2024, potentially surpassing Samsung Electronics (Samsung) for the first time. The company maintains its optimistic outlook on the high ...
SK Hynix still finds strong demand for AI-related chips even with uncertainty ahead. However, experts caution that artificial ...
Kwak No-jung, CEO of SK hynix, said on the 24th, “Now is the time to unite and create a new future,” and expressed the hope ...
SK Hynix posted record revenue of KRW66.2 trillion (US$46.3 billion) in 2024, with an operating profit of KRW23.5 trillion, ...
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SK hynix posts record revenues and profits as AI industry drives surge in HBM3 and HBM3E demandSales of AI memory solutions, including HBM3 and eSSDs, drove SK hynix's revenues and profits to record levels.
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