Tuesday, September 26, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
LG Joins the Xfinity TV Partner Program
Deloitte Email Platform and Client Data Hacked
macOS High Sierra Now Available for Download
Intel's New Loihi Self-Learning Chip Promises to Accelerate Artificial Intelligence
Microsoft Announces First Windows S Devices, Brings cloud, AI and Mixed Reality to Businesses
Fitbit's Ionic Smartwatch Goes on Sale on October 1st
Levi's Commuter Trucker Jacket Goes on Sale
Samsung Foundry Tapes Out eMRAM Test Chip Based on 28nm FD-SOI Process
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > PC Parts > SK Hyni...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, July 24, 2014
SK Hynix Says Chip Sales Remain Slow


Korean chipmaker SK Hynix Inc. on Thursday said shipment growth would slow in the third quarter as it posted its first drop in quarterly profit in two years.

A change in product mix and a transition to more complex production technology will crimp third-quarter shipments growth for the key DRAM business, SK Hynix President Kim Joon-ho told analysts during a conference call.

SK Hynix posted operating profit of 1.1 trillion won ($1.07 billion) for the April-June period. The result was 2.7 percent below the same quarter a year earlier.

The company's revenue fell 0.2 percent compared with the previous corresponding period.

President Kim said growth in shipments of DRAM chips would slow to a mid-single-digit percent rate in the third quarter, from 13 percent in the April-June period. Shipments of NAND chips, typically used in mobile devices, would slow to a high 20 percent rate from 54 percent.

However, SK Hynix tipped firm market conditions amid a seasonal pickup in demand for consumer electronics products as well as cautious capacity management among chipmakers.

"DRAM market trends will remain favorable due to better-than-expected demand for personal computers as well as data centre-related server demand," Kim said.

"The launch of new mobile products by major companies and the development of LTE-related demand in China will likely keep demand-side conditions firm," he added, referring to China's next-generation mobile network.



Previous
Next
SSD Prices To Remain Stable Next Year        All News        LG Electronics' Strong Profit Boosted By G3 Success
SSD Prices To Remain Stable Next Year     PC Parts News      Seagate Launches Channel On Roku

Get RSS feed Easy Print E-Mail this Message

Related News
SK hynix Reports Record Q2 Results on Strong Chip Sales
SK Hynix and Micron Try To Catch up With Samsung in 10nm DRAM Production
Broadcom, KKR and SK Hynix - Bain Join Final Bidding Round for Toshiba's Memory Unit
SK Hynix Reports Strong First Quarter Results
SK Hynix Introduces First 72-Layer 3D NAND Flash
SK Hynix Offers More Than $9 billion for Toshiba Chip Unit: report
Toshiba Informs SK hynix of New Plan to Sell Memory Business
SK hynix Bids for Stake in Toshiba's Memory Chip Business
SK Hynix Chalks Operating Profit in 4Q, Outlines Plans For 2017
SK Expands Semiconductor Business By Acquiring LG Siltron
SK Hynix Launches First 8GB LPDDR4X For Mobile Devices
SK Hynix Inc. to Invest $2.7 billion In Cutting Edge NAND Flash Fabs

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .