Thursday, July 28, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Home Appliance and Home Entertainment Units Help LG's Quarterly Profits
Facebook Reports Sharp Ad Sales Growth
Samsung Second Quarter Results Boosted By Component Sales
Microsoft Adds Artificial Intelligence Elements To New Smart Camera App
Xiaomi Announces Redmi Pro OLED Smartphone And Mi Notebook Air Laptop
Future Apple Stylus Could Operate as a Joystick
Twitter's Video Advertising Expansion Remains Slow
LG Display Invests KRW 1.99 Trillion in Flexible OLED Display Production
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 to Promote Its MDS Technology
SK Hynix To Reduce Investments In Memory Chips
SK Hynix Starts Mass Production Of 3D NAND Memory
SK Hynix to Proceed With Development Of 10nm DRAM
18nm DRAM Coming Next Year
Samsung, Sk Hynix To Present HBM2 DRAM Development
SK Hynix Rejects Chinese Take-over Offer
SK Hynix To Reduce Investments
SK Hynix To Produce V-NAND In 2016
SK Hynix to Heavily Invest In New Chip Plants
SK hynix Puts Hopes In New, High-performance Memory
SK Hynix Launches UFS 2.0 Solution

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .