The first quarter of 2018 South Korea's two giant semiconductor giants gratifying performance
Beijing time on the 24th news The Yonhap News reported that South Korea's two major semiconductor giants Samsung Electronics and SK Hynix performance in the first quarter of this year, gratifying, is expected to promote the semiconductor industry again this year, South Korea's export leader.
SK hynix announced on the 24th that sales in the first quarter of 2018 were 8.7197 trillion won (approximately RMB 51.1 billion), and operating profit was 4.3673 trillion won, a year-on-year increase of 38.6% and 77.0% respectively. Samsung Electronics Co., Ltd. will release the final results of its business divisions for the first quarter of this year on the 26th. It is estimated that sales in the semiconductor sector are expected to reach 21.1 trillion won and operating profits will reach 11 trillion won. The combined sales of the two major companies in the first quarter of this year are about 30 trillion won and operating profit is about 15 trillion won.
According to industry estimates, Samsung Electronics’ semiconductor sales and operating profit are expected to reach 91 trillion won and 47 trillion won this year, and SK Hynix is expected to reach 38 trillion won and 19 trillion won, respectively, to record highs.
According to the analysis, Samsung Electronics and SK Hynix's performance is mainly due to the strong demand in the main memory chip market. SK hynix said the same day when it said that the first quarter was generally an off-season, but the market still maintained a favorable price environment. This year, the DRAM and NAND flash memory market will continue to grow. However, industry professionals are concerned that sales in the global storage semiconductor market will reach a historical peak this year and will start to decline from next year. Therefore, continuous technological investment and innovation are needed.
SK hynix announced on the 24th that sales in the first quarter of 2018 were 8.7197 trillion won (approximately RMB 51.1 billion), and operating profit was 4.3673 trillion won, a year-on-year increase of 38.6% and 77.0% respectively. Samsung Electronics Co., Ltd. will release the final results of its business divisions for the first quarter of this year on the 26th. It is estimated that sales in the semiconductor sector are expected to reach 21.1 trillion won and operating profits will reach 11 trillion won. The combined sales of the two major companies in the first quarter of this year are about 30 trillion won and operating profit is about 15 trillion won.
According to industry estimates, Samsung Electronics’ semiconductor sales and operating profit are expected to reach 91 trillion won and 47 trillion won this year, and SK Hynix is expected to reach 38 trillion won and 19 trillion won, respectively, to record highs.
According to the analysis, Samsung Electronics and SK Hynix's performance is mainly due to the strong demand in the main memory chip market. SK hynix said the same day when it said that the first quarter was generally an off-season, but the market still maintained a favorable price environment. This year, the DRAM and NAND flash memory market will continue to grow. However, industry professionals are concerned that sales in the global storage semiconductor market will reach a historical peak this year and will start to decline from next year. Therefore, continuous technological investment and innovation are needed.