{
  "id": 16817414,
  "title": "SK hynix logs record Q3 operating profit of $62.8 bil.",
  "url": "https://urgent.news/2026/10/27/sk-hynix-logs-record-q3-operating-profit-of-62-8-bil",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-27T23:52:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/business/companies/20261028/sk-hynix-logs-record-q3-operating-profit-of-628-bil"
  },
  "original_language": "en",
  "account": "SK hynix, the South Korean memory chip giant, announced on Wednesday that it achieved a record third-quarter operating profit of $62.8 billion in its latest financial quarter. The company's regulatory filing revealed that revenue and operating profit for the July-September period amounted to 104.6 trillion won and 83.33 trillion won, respectively. This marked a remarkable 328 percent year-on-year growth in revenue and an astounding 632 percent increase in operating profit.\n\nThe company's quarterly revenue surpassed the 100 trillion won mark for the first time, breaking its own record. SK hynix's operating profit margin reached an impressive 80 percent during the three-month period. Analysts had estimated the company's sales at 98.23 trillion won and operating profit at 76.96 trillion won, underscoring the magnitude of the actual figures.\n\nSK hynix's surge in profitability can be attributed to the growing shipments of high bandwidth memory 4 (HBM4) and a substantial rise in server memory sales. The company's DRAM business, which relies heavily on DRAM chips, experienced a significant boost due to these positive trends. Additionally, NAND flash memory sales, particularly of enterprise solid-state drives (eSSDs), also contributed to the sustained growth of SK hynix's high-value-added products catering to data centers.",
  "summary": "SK hynix on Wednesday reported 83.33 trillion won ($62.8 billion) in third-quarter operating profit, setting a new quarterly earnings record. The company said in a regulatory filing that its revenue and operating profit for the July-September period stood at 104.6 trillion won and 83.33 trillion won, respectively. Revenue grew 328 percent year-on-year, while operating profit surged 632 percent.…",
  "key_points": [
    "SK hynix reports record Q3 operating profit of $62.8 billion",
    "Revenue and operating profit surge 328% and 632% year-on-year",
    "HBM4 shipments and server memory sales drive profitability"
  ],
  "editors_take": "Surging demand for high bandwidth memory and enterprise solid-state drives transforms the company into a high-margin powerhouse driven by the specialized hardware requirements of modern data centers.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}