The SK Hynix logo is displayed on a mobile phone screen as shown in this illustrated photo taken on January 30, 2023 in Krakow, Poland.
Jakub Bolzycki | Noor Photos | Getty Images
South Korea’s SK Hynix, one of the world’s largest memory chip makers, reported record quarterly profit on Thursday, helped by strong sales of its high-bandwidth memory (HBM) used to generate AI chipsets.
Here’s how SK hynix’s third-quarter results compare to the LSEG SmartEstimate, which is weighted based on more consistent and accurate analyst forecasts:
- income: KRW 17.57 trillion (USD 12.7 billion) vs. KRW 18.11 trillion
- Operating profit: KRW 7.03 trillion (USD 5.08 billion) vs. KRW 6.8 trillion
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