{
  "id": 16821139,
  "title": "SK hynix logs record Q3 operating profit of $62.8 bil.",
  "url": "https://urgent.news/2026/10/28/sk-hynix-logs-record-q3-operating-profit-of-62-8-bil",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T00:32:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "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 announced a record Q3 operating profit of $62.8 billion, surpassing their previous quarterly earnings mark. The company's revenue and operating profit for the July-September period were reported at 104.6 trillion won and 83.33 trillion won, respectively. Revenue increased by 328% year-on-year, while operating profit surged by 632%. This marked the first time SK hynix's quarterly revenue exceeded 100 trillion won. The company's operating profit margin reached an impressive 80% during the three-month period.\n\nBrokerage analysts had anticipated SK hynix sales of 98.23 trillion won and operating profit of 76.96 trillion won for the quarter. The company attributed its growth to the rising shipments of high bandwidth memory 4 (HBM4) and a sharp increase in server memory sales. Both sales contributed to the company's DRAM business growth. In the NAND segment, sales of enterprise solid-state drives (eSSDs) also rose, sustaining growth across high-value-added products for data centers.\n\nSK hynix's forecast indicated that the global memory supply shortage is likely to persist through 2030. This projection is due to ongoing productivity gains and new developments in the industry.",
  "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",
    "Company attributes growth to HBM4 shipments and server memory sales"
  ],
  "editors_take": "Surging demand for high bandwidth memory and enterprise solid-state drives positions the company to dominate a market where supply shortages are expected to persist for years.",
  "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."
}