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    A000660   KR7000660001

SK HYNIX INC.

(A000660)
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SK Hynix : Reports First Quarter 2018 Results

04/23/2018 | 07:37pm EDT

SK Hynix Inc. Reports First Quarter 2018 Results2018.04.24

Seoul, April 24, 2018 - SK Hynix Inc. (or 'the Company', www.skhynix.com) today announced financial results for its first quarter 2018 ended March 31, 2018. The consolidated first quarter revenue was 8.72 trillion won while the operating profit amounted to 4.37 trillion won and the net income 3.12 trillion won.
Even though favorable market price continued during the first quarter, which has been traditionally slow-season in the memory semiconductor market, the revenue and the operating profit declined by 3% and 2% because of the Company's declined shipments of DRAM and NAND Flash.
Quarter-over-quarter, DRAM bit shipments decreased by 5% due to weak mobile demand and lessened production days nevertheless of sustained robust server demand. However, the average selling price rose by 9% through evenly increased price for all DRAM product categories.
For NAND Flash, the bit shipments declined by 10% mainly due to the weak sales in the mobile sector. The average selling price was lowered by 1%.
SK Hynix will place its focus on expanding leading edge technologies and diversifying product portfolio to actively respond to the market demands. Therefore, it will consistently expand the portion of 1Xnm and hit its stride in the sales of 1Xnm server and graphics DRAM.
In addition, the Company is to enter the enterprise SSD market with its PCIe products that have been recently validated by IDC clients. Furthermore, SK Hynix plans to stretch its cutting-edge 72-Layer 3D NAND to increase the sales of high density mobile applications and a variety of client SSD solutions.

About SK Hynix Inc.
SK Hynix Inc., headquartered in Korea, is the world's top tier semiconductor supplier offering Dynamic Random Access Memory chips ('DRAM'), Flash memory chips ('NAND Flash') and CMOS Image Sensors ('CIS') for a wide range of distinguished customers globally. The Company's shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxemburg Stock Exchange. Further information about SK Hynix is available atwww.skhynix.com.
Media Contact
SK Hynix Inc.
Public Relations
Assistant Manager
Hyun Kyung Olivia Lee
Phone: +82.31.8093.4771
E-Mail: hyunkyung14.lee@sk.com
Assistant Manager
Heeyoung Son
Phone: +82.31.8093.4719
E-Mail: heeyoung.son@sk.com

Disclaimer

SK Hynix Inc. published this content on 24 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 April 2018 23:36:07 UTC


© Publicnow 2018
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Analyst Recommendations on SK HYNIX INC.
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Financials
Sales 2021 42 913 B 36,4 B 36,4 B
Net income 2021 9 371 B 7,96 B 7,96 B
Net Debt 2021 5 322 B 4,52 B 4,52 B
P/E ratio 2021 7,49x
Yield 2021 1,46%
Capitalization 67 318 B 57 255 M 57 153 M
EV / Sales 2021 1,69x
EV / Sales 2022 1,29x
Nbr of Employees 29 047
Free-Float 73,9%
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SK hynix Inc. Technical Analysis Chart | A000660 | KR7000660001 | MarketScreener
Technical analysis trends SK HYNIX INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 35
Last Close Price 97 900,00 KRW
Average target price 147 371,43 KRW
Spread / Average Target 50,5%
EPS Revisions
Managers and Directors
Seok-Hee Lee President, Chief Executive Officer & Director
Jung-Ho Park Co-Chief Executive Officer & Director
Kwon Hong Managing Director & Head-Finance
Tae-Won Chey Chairman-Executive Board
Tae-Hoon Kim Managing Director & Head-Technology
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