SK hynix reported record Q3 financial results, with revenues surpassing KRW 104.6 trillion for the first time. The company achieved an operating profit of KRW 83.3 trillion and a net profit of KRW 39.8 trillion, reflecting an 80% operating margin. Cash reserves rose to KRW 114.5 trillion, while net cash reached KRW 98.7 trillion.
Sales of high-bandwidth HBM4 memory for AI servers are expanding rapidly, with expectations that HBM4 will overtake HBM3E as the mainstream product next quarter. The new M15X fab is ramping up to produce 55,000–60,000 wafers monthly of 1b DRAM chips. Demand for LPDDR5 SOCAMM and 321-layer NAND flash is also growing.
SK hynix warns that the global memory supply shortage will persist through 2030, driven by AI demand in enterprise, autonomous driving, and robotics. The company also canceled plans for a Solidigm IPO, citing unfavorable market conditions.
Source: GSMArena · Summarized by HeadlinesBriefing