Saturday, October 20, 2018
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Could Charge Android Partners in Europe up to $40 per Device
Samsung Display Develops Under Panel Sensor, Fingerprint On Display AMOLEDs
The 9th Generation Intel Core i9-9900K is Actually the World's Best Gaming Processor
European Commission Approves Acquisition of GitHub by Microsoft
Samsung, LG Launch Trade-in Promotions to Help Sales Of Latest Flagship Smartphones
Fujitsu's Cooling Control Technology Reduces Datacenter Energy Consumption
Tesla Unveils new $45,000 Model 3
Micron Wants to Buy Remaining Interest in IM Flash Technologies to Advance the 3D XPoint Technology
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > SK hyni...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, July 26, 2018
SK hynix's Reports Record Q2 Profit

SK hynix saw its second-quarter net profit surge 75.4 percent from a year earlier Thursday, setting a new quarterly record amid the strong shipments of both dynamic random-access memory (DRAM) and NAND flash products.

Net profit reached a record high of 4.3 trillion won (US$3.84 billion) in the April-June period, compared with 2.4 trillion won posted a year earlier, SK hynix said in a regulatory filing.

Operating profit moved up 82.7 percent over the cited period to 5.5 trillion won, SK hynix added. Sales also jumped a whopping 55 percent to 10.3 trillion won.

The chipmaker attributed the robust performance to the worldwide boom in the chip industry, with shipments of DRAM and NAND flash products rising sharply over the April-June period.

By segments, SK hynix said the shipment of DRAM chips jumped 16 percent on-quarter on the back of the strong demands from PCs and servers. Due to the shortage of supply in the market, the company said the average sales price of its products rose 4 percent.

The shipment of NAND flash also rose 19 percent on-quarter over the cited period, especially amid the strong demand from China, which sought larger-capacity products for mobile devices. Amid the increase of supply, however, SK hynix said the average price fell 9 percent.

For the second half of 2018, SK hynix said the demand for products related to servers will increase amid the rising investment made by data-center companies in the United States and China.

The seasonal demand for mobile devices, including the release of new smartphones, will also lend support to related products, it added.

"The goal is to consistently expand the portion of 10-nanometers mainly in the sales of server and mobile DRAM, which are expected to have strong demand growth," the company said. "The company also plans to stretch its cutting-edge 72-Layer 3D NAND and make efforts to smoothly supply high density mobile solutions and enterprise SSDs."

SK hynix added the construction of a clean room in Cheongju will be completed by September this year, with the new fabrication plant set to start production starting early next year. The expansion of the clean room in Wuxi will be completed by the end of 2018, it added.

Qualcomm to Scrap NXP Deal        All News        Samsung Gets Certification for its 'Unbreakable' OLED
Qualcomm to Scrap NXP Deal     General Computing News      Samsung Gets Certification for its 'Unbreakable' OLED

Get RSS feed Easy Print E-Mail this Message

Related News
SK hynix Launches New NAND Flash Production Line
NAND Highlights from the Flash Memory Summit
SK Hynix to Build New Semiconductor Fabrication Plant in Icheon
Samsung Keeps The Lead in the Semiconductor Market, followed by Intel and SK Hynix
U.S. ITC to Probe Samsung, SK Hynix, Lenovo Over SSDs
Samsung, SK Hynix and Micron Lead the Server DRAM Market
SK hynix Reports Record Profits for Q3
SK Hynix to Invest 395 billion yen in Toshiba chip unit
Broadcom, KKR and SK Hynix - Bain Join Final Bidding Round for Toshiba's Memory Unit
SK Hynix Reports Strong First Quarter Results
Toshiba Informs SK hynix of New Plan to Sell Memory Business
SK hynix Bids for Stake in Toshiba's Memory Chip Business

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .