SK Hynix announces revenues and record profits for the last quarter of 2017

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Announced SK Hynix specialized in the manufacture of memory chips for revenues and record earnings for the fourth quarter and the last year past 2017, with the operating profit of the company in the mentioned period to 4.19 million, The total return amounted to about 8 million and $ 485 million. These revenues were higher by 69% than the same period in the previous year and higher by 12% from the third quarter last year.

Indicated SK Hynix that the DRAM memory has increased its shipments by 3% in the fourth quarter compared to the second quarter, while Shipments grew NAND flash increased by 16% with increased demand and uptake of them. On the earnings front, The net profit to about $ 3 billion, and that annual increase has reached to 98%.

SK Hynix achieved the best financial results in its history in the shadow of the increasing growth of chip memory, confirmed that it will produce memory HBM2 and GDDR6 in the current year is 2018, and that in order to diversify their sources of income.

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