business / news / / The Straits Times
South Korea’s SK Hynix posted a 406 per cent jump in first-quarter operating profit.
SK Hynix's first-quarter operating profit jumped 406 percent to a record high.
KEY POINTS
- 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
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