Samsung and SK Hynix executives say they expect global memory supply shortages will persist until 2027 due to AI demand, after the companies reported earnings
Kim Jaewon /Nikkei Asia:
SK Hynix reports Q2 revenue up 35% YoY to ~$16.2B, vs. ~$14.9B est., operating profit up 68% to ~$6.7B, vs. ~$6.5B est., expects sustained HBM demand in 2025
2nd Update Evertiq AB : SK Hynix reports record jump in profit as demand for AI chips soars Jo He-rim / THE INVESTOR : SK hynix posts record quarterly profit on AI chip boom Chris Mellor / Blocks and ...
SK Hynix reports a ~$2.5B operating loss in Q1 2023, its biggest quarterly loss yet, surpassing the ~$1.4B loss in Q4 2022, and revenue down 58.1% YoY to ~$3.8B
Kim Jaewon / Nikkei Asia :
Samsung plans to cut memory chip production to a “meaningful level” after estimating that its Q1 operating profit fell 95%+ YoY to ~$450M, its lowest since 2009
no, like, really bad Msmash / Slashdot : Samsung To Cut Chip Production as Profits Plunge by 96% Adrian Potoroaca / TechSpot : Samsung scales back memory chip production as profit craters TechPowerUp ...
A brief look at key executives at Krafton, the maker of PUBG, including founder and chairman Chang Byung-gyu and Brendan Greene, aka “PlayerUnknown”
Kim Jaewon / Nikkei Asia : Tweets: @nikkeiasia Tweets: @nikkeiasia : South Korean video game developer Krafton will make its stock market debut Tuesday. Here is a look at the mix of personalities, ta...