SK Hynix Releases Record-Quality Quarterly Financial Report; AI Memory Demand Exceeds Supply
2026-10-29 07:13:11
CoinMeta Data: SK Samsung Electronics released its record-breaking third-quarter financial report on Wednesday, with revenue reaching 104.6 trillion Korean won (approximately $78 billion) and operating profit at 83.3 trillion Korean won (about $65.5 billion). This marks the first time the company has achieved quarterly sales of over 100 trillion Korean won (about $74.5 billion). Compared to the same period last year, revenue increased by 328%, and operating profit increased by 632%, with an operating profit margin of 80%. SK Samsung expects that demand for memory will continue to exceed supply until 2030, and the production of its DRAM and HBM products has been largely sold out by 2029.
Bullish 0
Bearish 0
Source:Decrypt
This content is for market information only and does not constitute investment advice.