SK Hynix’s Q2 profit may set a record; the combined profits of Korea’s two leading memory chipmakers could top 150 trillion won

SK Hynix will release its second-quarter results on the 29th. Following Samsung Electronics, SK Hynix is also expected to see its second-quarter earnings hit a new high this year. SK Hynix’s second-quarter revenue and operating profit are expected to be 84.0597 trillion won and 64.0899 trillion won, respectively. The expected operating profit for the second quarter would be about 17 trillion won higher than the operating profit for all of last year of 47.2 trillion won. Combined with this year’s first-quarter operating profit of 37.6103 trillion won, SK Hynix’s operating profit for just the first half would exceed 100 trillion won.
Earlier this month, Samsung Electronics also released a preliminary earnings report. Its DS division performed strongly, with operating profit reaching 89.4 trillion won. If SK Hynix’s performance meets market expectations, the two companies’ combined operating profit in the second quarter would exceed 150 trillion won.
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