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Top related persons:
SK Hynix - 1 Greg Roh - 1 Nam Dae - 1 1,274.1300 - 1 Joyce Lee - 1 Heekyong Yang - 1 Christopher Cushing - 1 Jamie Freed - 1
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SEOUL KS HBM
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Korea's SK Hynix - 1 Microsoft - 1 SK Hynix's - 1 SK - 1 SK Hynix - 1 Revenue - 1 Samsung Electronics - 1 Hyundai Motor Securities - 1

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2 mentions found


☆ SK Hynix says memory chip recovery has begun, flags robust AI demand
  + stars: | 2023-07-26 | by ( Joyce Lee Heekyong Yang | Joyce Lee | Heekyong Yang | ) www.reuters.com   time to read: +4 min
In particular, memory chip demand from corporate buyers stocking AI data centres as well as gaming personal computers is expected to increase in the second half of the year, the world's second-biggest memory chip maker said. SK Hynix reported a 2.9 trillion won ($2.28 billion) operating loss in the June quarter, down from 4.2 trillion won profit a year earlier on weak memory chip pricing and demand. AI CHIPSSK Hynix said demand for AI server memory had more than doubled in the second quarter compared to the first quarter. SK Hynix leads the market in high bandwidth memory (HBM) DRAM used in the fast-growing field of generative AI. Samsung, the world's biggest memory chip maker, will report its detailed second-quarter financial results on Thursday.
Persons: SK Hynix, Greg Roh, Nam Dae, 1,274.1300, Joyce Lee, Heekyong Yang, Christopher Cushing, Jamie Freed Organizations: Korea's SK Hynix, Microsoft, SK Hynix's, SK, SK Hynix, Revenue, Samsung Electronics, Hyundai Motor Securities, eBEST Investment, Securities, Samsung, Thomson Locations: SEOUL, KS, HBM
☆ SK Hynix warns chip downturn to worsen in Q1, posts record quarterly loss
  + stars: | 2023-02-01 | by ( Joyce Lee Heekyong Yang | Joyce Lee | Heekyong Yang | ) www.reuters.com   time to read: +4 min
[1/2] Memory chips by South Korean semiconductor supplier SK Hynix are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. SK Hynix flagged lower chip prices in the current quarter. For the fourth quarter ended December, SK Hynix swung to a worse-than-expected 1.7 trillion won ($1.38 billion) operating loss, from 4.2 trillion won profit a year earlier. Analysts had expected a 1.3 trillion won operating loss, according to Refinitiv SmartEstimate. On its earnings call, SK Hynix said it will focus its resources on advanced chips to prepare for a market upturn in 2024.
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