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 has just posted its best-ever yearly earnings for 2024: $46.1 billion in sales, revenues increased by 102% thanks to ...
Employees complain SK hynix 'scapegoat' in SK Group's cost-cutting measures SK hynix, the world’s second-largest memory chip-maker, is under fire despite announcing hefty incentives for staff ...
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 ...
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 ...
The figures were in line with the market consensus compiled by market tracker FnGuide. In the fourth quarter alone, SK hynix recorded a 2,235 percent on-year surge in operating profit to 8.1 ...
SK Hynix posted record revenue of KRW66.2 trillion (US$46.3 billion) in 2024, with an operating profit of KRW23.5 trillion, ...
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 ...
Korean chip giant SK hynix has appointed Vice President Ryu Sung-soo as the new CEO of its U.S. unit, SK hynix America. Ryu ...
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