Memory FAQs

Industry News
CST News
Member Area
Tester Brochure
Demo Library
Tester FAQs

biology medicine news product technology definition

Tuesday, March 20, 2018
Memory Industry News
Email ArticlePrinter Format PreviousNext

SK hynix's quarterly profit to double

Wednesday, March 15, 2017

SK hynix’s first-quarter operating profit will surge 285 percent on-year to 2.16 trillion won (US$1.88 billion), said Hana Financial Investment on March 13, raising the estimates by 21 percent from the previous assessment.

The price hikes of both its DRAM and NAND chips are sharper than expected and despite being the off-season, the revenue and operating profit will increase from the same period last year, said analyst Kim Rok-ho.

The stock price fell 12 percent from the peak, as investors are concerned about the price cut of DRAM for personal computers and oversupply, but the fall is disproportionate as it has secured a competitive edge against Micron Technology of the US, whose stock price rose by 4 percent, said the analyst.

Kim maintained a “buy” recommendation and 68,000-won target price saying that he has raised earnings estimates for both this quarter and the whole year and the market will agree as well.

By: DocMemory
Copyright © 2017 CST, Inc. All Rights Reserved

Email ArticlePrinter Format PreviousNext
Latest Industry News
Server DRAM prices continue to rise due to high demand in China3/20/2018
Special foundry customized to niche process3/20/2018
China is certain that it can meet its own semiconductor production needs3/20/2018
5G and AI could lead semi industry to $500 billion3/20/2018
Notebook shipment recovers some3/19/2018
Micron's CEO Sanjay Mehrotra cites high barriers to entry for Chinese suppliers3/19/2018
ChipMOS found business on niche-market DRAM and NOR flash packaging3/19/2018
Broadcom: We're open to looking at anything that helps3/19/2018
ChipMOS profit tumbled on order cuts by Micron3/16/2018
Semi market forecast revised up 15%3/16/2018

CST Inc. Memory Tester DDR Tester
Copyright © 1994 - 2018 CST, Inc. All Rights Reserved