SK hynix Posts Record 83.3 Trillion Won Profit as HBM4 and Long-Term Deals Strengthen Growth
SK hynix reported record third-quarter earnings on October 28, with revenue surpassing 100 trillion won for the first time as demand for artificial intelligence memory and high-performance server products accelerated. The South Korean chipmaker also announced long-term supply agreements covering more than half of its total production capacity for 2027 and 2028, strengthening demand visibility in an industry historically exposed to sharp fluctuations in pricing.
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Also reported by 5 other outlets
- SK hynix Posts Record 104.6 Trillion Won in Quarterly Revenue, Unveiling 100 Trillion Won Shareholder Return Plan businesskorea.co.kr
- SK Hynix posts 7-fold jump in Q3 profit, unveils shareholder return plan worth US$75 billion businesstimes.com.sg
- SK Hynix Q3 profit beats expectations, vows $75 bln in shareholders returns investing.com
- SK Hynix Q3 profit jumps more than 7-fold, beats forecasts channelnewsasia.com
- SK Hynix reports Q3 revenue up 328% YoY to ~$78.8B, vs. ~$74.07B est., and operating profit up 632% to ~$62.76B, vs. ~$57.78B est. (Jenny Lee/CNBC) cnbc.com
