UPDATED. 2024-03-28 05:14 (목)
SK Hynix posts surprise Q2 earnings 
SK Hynix posts surprise Q2 earnings 
  • Jane Lee
  • 승인 2020.07.23 18:52
  • 댓글 0
이 기사를 공유합니다

It marked 205% rise in profits 
Image: SK Hynix
Image: SK Hynix

SK Hynix has posted 1.9467 trillion won in operating profits in the second quarter, a rise of 205% year over year, the company said on Thursday.

It beats South Korean analysts’ consensus of 1.7 trillion won.

The memory maker posted 8.6064 trillion won in sales, a rise of 33% from a year prior. Its net income was 1.2642 trillion won for the quarter, a net margin rate of 15%.

SK Hynix said despite the uncertainties caused by the COVID-19 pandemic, demand for server memories rose, leading to price rises. Yield rate increases of products and cost cutting efforts also helped, the firm said.

For DRAM, mobile customers showed continued lowered demand, but sales of memories for servers and graphics enjoyed high demand and prices. 

Compared to the previous quarter, shipment for DRAM rose 2% and average sales price increased 15%.

For NAND flash, those aimed at solid-state drive (SSD) continued to rise though out the quarter. For the time first time, SSD accounted for near 50% of SK Hynix’s NAND flash sales, the company said. Shipment rose 5% and average sales price 8% compared to the previous quarter.

Uncertainties remained for second half of the year but partial restart of economic activities in major countries and 5G smartphones will lead to demand improving, the company said.

SK Hynix will focus on profitability going forward. It will be conservative in investments and factory operations. It will bush 2nd generation 10-nanometer mobile DRAM to improve profitability. It will supply LPDDR5 at the right time for clients.

It will expand the sales of server memories with capacities higher than 64GB. It will begin production of 3rd generation 10-nanometer DRAM. For NAND Flash, it will meet demands from mobile and gaming console.


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 515, Nonhyeon-ro, Gangnam-gu, Seoul, Republic of Korea 4F, Ahsung Bldg.
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2024 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr
ND소프트