Record profits expected for SK hynix in Q1 as market weighs chip momentum
Source ↗
👁 0
💬 0
SK hynix will announce its first-quarter earnings for the year on April 23, with analysts expecting the memory chip giant to post record-breaking profits. The market is now debating whether the company can sustain its current level of profitability or if the global memory chip upcycle is nearing its peak. As of Thursday, brokerages expect SK hynix to post 47.66 trillion won ($32.2 billion) in sales and 32.69 trillion won in operating profit for the first quarter, representing year-on-year growth
Comments (0)