My dears, even though I was in the red with the share for a long time. I wanted to be in early enough with this share, which hardly anyone knew at the time, and discipline, patience and loyalty paid off to achieve 130% today.
Nvidia's success story is also thanks to SK Hynix.
Sales in the third quarter are estimated at 24.6 trillion won and operating profit at 11.3 trillion won
SK Hynix is expected to achieve a quarterly operating profit of over 10 trillion won in the third quarter of this year for the first time in its history, becoming the second South Korean company to join the "10 trillion won club" after Samsung Electronics. This milestone was reached 14 years after SK Group CEO Chey Tae-won decided to take over the company in 2012 and continue to invest aggressively despite years of operating losses.
According to performance forecasts released by financial information provider FnGuide on Oct. 19, SK Hynix's third-quarter sales are estimated at 24.67 trillion won (about $17.34 billion), with operating profit at 11.34 trillion won. If the results announced on October 29 do not deviate significantly from these forecasts, the company will beat its previous record set in the second quarter of this year, when it posted sales of 22.23 trillion won and operating profit of 9.21 trillion won.
The company's strong profits are due to the combined effects of expanded supply of high-bandwidth memory (HBM) driven by the global artificial intelligence (AI) boom and rising DRAM prices. As global investment in AI infrastructure increased, DRAM supply was allocated to HBM production, resulting in tighter supply and rising prices for general-purpose DRAM as well. Lee Se-chul, analyst at Citi Global Markets, said, "Expanding sales of 12-layer HBM3E, which accounts for more than 50% of SK hynix's total HBM revenue, and a favorable pricing environment for general-purpose memory will drive the company's strong results in the third quarter."
SK Hynix's high status is widely attributed to its "technology-driven management" that focused on developing AI-optimized memory products like HBM ahead of the competition. Following the acquisition of Hynix Semiconductor, CEO Chey initiated bold investments in research and development (R&D) and production capacity expansion despite sluggish semiconductor market conditions. With an operating loss of 220 billion won in 2012, such decisions are considered impossible under the previous creditor management system.
Kwak Noh-jung, CEO of SK Hynix, said in his opening speech at the Icheon Forum 2025 in August: "The world's first HBM development was realized the year after the cooperation with SK," and added: "Only because SK did not allow itself to be taken in by short-term results and continued to invest boldly in the future was HBM's current success story possible."
https://www.businesskorea.co.kr/news/articleView.html?idxno=254409
