I flew thanks to HBM...SK Hynix's 'Greatest Ever' Performance

2024.10.24. AM 09:51
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SK Hynix's Q3 Operating Profit of 7.3 trillion...Turn surplus
Sales recorded 17.6 trillion won and net income recorded 5.8 trillion won
Sales, operating profit and net profit are all 'highest ever'
[Anchor]
SK Hynix recorded record-high sales, operating profit, and net profit in the third quarter of this year due to high bandwidth memory and HBM effects.

It is analyzed that Samsung Electronics' semiconductor division's operating profit in the third quarter also exceeded significantly.

Let's connect with the reporters and listen to them in detail.

[Anchor]
Reporter Choi Ah-young, how high is SK Hynix's performance in the third quarter of this year?

[Reporter]
As you said, it's 'the biggest ever'.

Operating profit in the third quarter of this year turned into a surplus of 7.3 trillion won.

Sales were 17.6 trillion won and net profit was 5.8 trillion won, which was also in the black.

In particular, sales were the highest ever, and we rewrote the record in the first quarter.

Operating profit and net profit broke the record for the third quarter of 2018, which was called the semiconductor super boom, for the first time in six years.

Some predict that SK Hynix's all-time performance greatly exceeded Samsung Electronics' semiconductor division's operating profit.

Samsung Electronics' performance by division is before disclosure, but based on Samsung Electronics' operating profit in the third quarter of this year, it is expected to be around 4 trillion won.

According to the analysis, SK Hynix is expected to beat Samsung Electronics for the first time in the semiconductor business performance competition.

[Anchor]
SK Hynix's performance is due to its high bandwidth memory and HBM, right?

[Reporter]
Yes. The biggest reason is that it preempted the high-bandwidth memory HBM market first.

HBM is an essential part of making artificial intelligence semiconductors.

SK Hynix is virtually exclusively supplying HBM to Nvidia, the 'big hand' of the artificial intelligence semiconductor market.

SK Hynix said it achieved its largest sales since its foundation by expanding sales of high value-added products such as HBM and strong demand for artificial intelligence memories.

In particular, HBM sales grew more than 70% from the previous quarter and more than 330% from the third quarter of last year.

Starting in the fourth quarter, SK Hynix plans to continue its leading position in the market by supplying 12-tier DRAMs that are more stacked than current products.

Inside and outside the market, there are also predictions that SK Hynix will record another record-high performance in the fourth quarter.

So far, I'm YTN Choi Ah-young in the Ministry of Economy.


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