SK Hynix Posts Record Q2 Operating Profit of 60.5 Trillion Won

SK Hynix has recorded its largest-ever quarterly performance in the second quarter, driven by strong demand for artificial intelligence semiconductors.

Revenue reached 79.3 trillion won, while operating profit came in at 60.5 trillion won, marking surges of 257% and 557%, respectively, compared to the same period last year.

The robust results were propelled by increased sales of high-value products such as high-bandwidth memory (HBM) and DRAM for AI servers, alongside rising memory prices.

SK Hynix plans to ramp up production of HBM4 in the second half of the year and bring forward the mass production schedule for its new Cheongju plant.
※ Please note: This article was translated by AI and may contain errors.