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(Bloomberg) -- SK Hynix Inc.’s shares slid after record quarterly results failed to impress investors grappling with stagnant smartphone demand and questions about AI spending in 2025.

SK Hynix CEO Noh-Jung Kwak, reflecting on the emergence of China's DeepSeek, predicts that the generative AI model will ...

South Korean memory makers SK Hynix and Samsung Electronics saw their North American revenue grow in 2024, but looming ...

SK Hynix Profit Tops Forecast Samsung Results, but Shares Dip on Demand Outlook By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) -South Korea's SK Hynix forecast sales of its high-end semiconductors ...

TL;DR: SK hynix reported record profits in 2024, driven by high demand for its HBM memory used in AI chips, achieving sales of 66.1 trillion won and operating profits of 23.4 trillion won.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chipmaker SK Hynix overtook its larger rival Samsung on quarterly profit for the first time, with its lead ...

SEOUL, South Korea, Jan. 22, 2025 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com) announced today that it recorded best-ever yearly performance with 66.1930 trillion won in ...