158% Jump: SK hynix Q1 Profit Reaches 7.4 Trillion Won, HBM3E Sales to Surge in Q2

SK hynix delivered a standout Q1 with operating profit up 158% year-on-year, reaching 7.4 trillion won on strong AI-driven HBM3E and DDR5 demand.
SK hynix delivered a standout Q1 with operating profit up 158% year-on-year, reaching 7.4 trillion won on strong AI-driven HBM3E and DDR5 demand.
SK Group has decided to sell its 70.6% stake in SK Siltron for 5 trillion won.
SK hynix is investing 5.3 trillion won to expand HBM production at its new M15X fab in Cheongju.
SK Hynix is on track to surpass Intel's revenues in Q3 2024 with a projected $12.8 billion, marking a pivotal moment in the semiconductor industry.
The SK Hynix company will receive $450 million in grants and $500 million in loans as part of the US CHIPS Act
Samsung recently commenced mass production of 290-layer V-NAND and has set a goal of surpassing 1000 layers by 2030.
SK hynix has unveiled its latest innovation, LPDDR5T RAM, which is 13% faster than LPDDR5X. Operating at an impressive speed of 9.6Gbps, this new DRAM can process up to 77GB of data per second.
SK hynix announces a 9.4 trillion won investment in the Yongin Semiconductor Cluster, aiming to boost Korea's semiconductor industry and meet AI demand with new state-of-the-art fabs.
SK Hynix has announced a monumental $74.6 billion investment in AI chips by 2028, reflecting its commitment to technological advancement and economic recovery.
The S.Korean memory giant was set to build a NAND fab at the site but changed the plan to meet rising HBM demand