# South Korea’s SK Hynix posted a 406 per cent jump in first-quarter operating profit.

*business · news · 2026-04-22 · The Straits Times*

## Key points

- SK Hynix's first-quarter operating profit jumped 406 percent to a record high.
- The profit increase is driven by AI-fueled demand for DRAM and NAND flash memory.
- SK Hynix reported 37.6 trillion won profit, close to LSEG SmartEstimate predictions.
- Quarterly revenue surged 198 percent, reaching 52.6 trillion won.

**Companies:** SK Hynix
**Countries:** South Korea

[Read the full story on The Straits Times](https://www.straitstimes.com/business/companies-markets/nvidia-supplier-sk-hynix-q1-profit-soars-406-on-ai-boom)

---

Canonical: https://newsio.io/n/4f8ddbcc-a6ff-497b-9343-c162f16577bb/south-koreas-sk-hynix-posted-a-406-per-cent-jump-in-first-quarter-operating-prof
Summarized by Newsio from The Straits Times. https://newsio.io/how-it-works