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.
South Korean memory-chip maker SK Hynix's weak guidance appeared to have put tech investors in a bad mood on Thursday. The company's Busan-listed shares fell 2.7% after it posted a record profit but ...
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 0006600.68%increase; green up pointing triangle reported record quarterly and annual results after stronger-than-expected earnings for the final quarter of 2024, as it continued to ...
Based on the financial result, at the end of 2024, cash equivalent increased by 5.2 trillion won to 14.2 trillion won and debt decreased by 6.8 trillion won to 22.7 trillion won compared to the end of ...
SK Hynix posted record revenue of KRW66.2 trillion (US$46.3 billion) in 2024, with an operating profit of KRW23.5 trillion, ...
Korean chip giant SK hynix has appointed Vice President Ryu Sung-soo as the new CEO of its U.S. unit, SK hynix America.
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