SK Hynix's 'Greatest Ever' Performance...Samsung Electronics Beat Samsung Semiconductors

SK Hynix's Q3 Operating Profit of 7.3 trillion...Turn surplus

Sales recorded 17.6 trillion won and net profit 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.

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' semiconductor business results will be released next week, and based on Samsung's operating profit in the third quarter of this year, it is estimated to be around 4 trillion won.

At this rate, SK Hynix seems to have surpassed Samsung Electronics once again 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.

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.

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

In addition, it is premature to respond to concerns about slowing HBM demand raised by some, predicting that customers' willingness to expand their investment in artificial intelligence will be confirmed and will increase more than expected.

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