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.
SK hynix Inc. reported financial results for 2024, with revenues surging 102% to 66.19 trillion won ($46.34 billion), driven ...
Ashvini Byri's successful implementation of the Chipkill algorithm at SK Hynix stands as a testament to innovative leadership ...
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 ...
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 ...
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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, ...
Revenues for 2024 at 66.1930 trillion won, operating profit at 23.4673 trillion won, net profit at 19.7969 trillion won Revenues for Q4 at 19.7670 trillion won ...
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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