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SK hynix Posts Record Quarterly Sales, Sees Growth Momentum Continue

SK hynix Posts Record Quarterly Sales, Sees Growth Momentum Continue

SEOUL, Oct. 26 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, reported strong third-quarter earnings Tuesday on the back of solid memory chip demand for severs and smartphones, and rising prices. Net profit for the three months that ended Sept. 30 leaped by 205.7 percent from a year earlier to 3.31 trillion [...]

Samsung, SK hynix Shares Tumble amid Business Uncertainty Despite Robust Earnings Outlook

Samsung, SK hynix Shares Tumble amid Business Uncertainty Despite Robust Earnings Outlook

SEOUL, Oct. 14 (Korea Bizwire) — Shares of South Korea’s two chipmakers — Samsung Electronics Co. and SK hynix Inc. — have withered in recent days despite upbeat news that they are going to post record quarterly sales backed by brisk memory chip businesses. In its third-quarter earnings guidance released earlier this month, Samsung Electronics [...]

SK hynix to Support Handball Teams Consisting of Individuals with Developmental Disabilities

SK hynix to Support Handball Teams Consisting of Individuals with Developmental Disabilities

SEOUL, Sept. 9 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, said Wednesday it will support handball teams made up of individuals with developmental disabilities as part of efforts to support their dreams and challenge them through sports. The company plans to form a total of eight teams by Oct. 18 and [...]

DRAM Spot Prices Fall amid Forecast of Weaker Demand

DRAM Spot Prices Fall amid Forecast of Weaker Demand

SEOUL, Sept. 1 (Korea Bizwire) — DRAM prices in the spot market have recently been declining amid expectations for weaker demand stemming from widening COVID-19 vaccinations around the globe, industry sources said Wednesday. According to market tracker DRAMeXchange, the average contract price of 8-gigabit DDR4 DRAMs for PCs came to US$3.889 on Monday, the lowest [...]

Semiconductor Market to Expand 25 pct in 2021, Grow Further in 2022: WSTS

Semiconductor Market to Expand 25 pct in 2021, Grow Further in 2022: WSTS

SEOUL, Aug. 18 (Korea Bizwire) — The global semiconductor market is expected to expand 25.1 percent this year on the back of robust growth from the memory sector, a report from an industry tracker showed Wednesday, amid concerns of a slowdown in demand. World Semiconductor Trade Statistics (WSTS), a nonprofit organization of chipmakers, said the [...]