The company’s Q4 revenue increased by 12%, and its operating profit rose by 15%, making for its best quarter ever, SK Hynix ...
TL;DR: SK hynix reported record profits in 2024, driven by high demand for its HBM memory used in AI chips, achieving sales of 66.1 trillion won and operating profits of 23.4 trillion won.
Daniel Yoo of Yuanta Securities, Korea says the legacy memory business is on a decline, but is optimistic for SK Hynix as ...
Shares in SK Hynix, a key supplier to AI chip giant Nvidia, however, dropped 3 per cent on Thursday as the company warned of steeper demand declines in commodity memory chips used in smartphones ...
SK hynix, the world’s second-largest memory chip-maker, is under fire despite announcing hefty incentives for staff following record-high profits in 2024, driven by the global artificial ...
With Donald Trump's recent inauguration as US president, South Korean experts expect tighter sanctions on China's semiconductor industry. In response, Samsung and SK Hynix are strategically ...
SEOUL -- SK Hynix's profit growth slowed in the fourth quarter from the previous three months as increased output from Chinese rivals weighed on the memory chip industry as a whole. The South ...
SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective ...
SK Hynix Inc, the main supplier of high-bandwidth memory to Nvidia Corp, reported a record quarterly profit that surpassed its bigger rival Samsung. South Korea’s SK Hynix posted an operating ...
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 ...
The upbeat result is attributed to substantial growth in HBM sales — four and a half times that of the preceding year — as the high performance chips took up over 40 percent of SK hynix’s total ...
SK Hynix soars to record profits driven by strong demand for its high-bandwidth memory (HBM) products used in AI applications ...