{"id":3537,"date":"2021-10-26T00:00:58","date_gmt":"2021-10-26T00:00:58","guid":{"rendered":"http:\/\/localhost:8080\/sk-hynix-inc-reports-third-quarter-2021-results\/"},"modified":"2026-07-29T15:00:10","modified_gmt":"2026-07-29T06:00:10","slug":"sk-hynix-inc-reports-third-quarter-2021-results","status":"publish","type":"post","link":"https:\/\/news.skhynix.com\/en\/sk-hynix-inc-reports-third-quarter-2021-results\/","title":{"rendered":"SK hynix Inc. Reports Third Quarter 2021 Results"},"content":{"rendered":"

Seoul, October 26, 2021<\/strong>
\nSK hynix Inc. (or \u2018the Company\u2019, www.skhynix.com<\/a>) today announced financial results for its third quarter 2021 ended on September 30, 2021. The consolidated revenue of the third quarter 2021<\/strong> was 11.805 trillion won, while the operating profit<\/strong> amounted to 4.172 trillion won and the net income<\/strong> 3.315 trillion won. Operating margin<\/strong> for the quarter was 35% and net margin<\/strong> was 28%.<\/p>\n

SK hynix achieved record high quarterly revenue since its foundation, and regained operating profit more than 4 trillion won after two and a half years since the fourth quarter of 2018. The increased semiconductor memory demand for server and smartphone (mobile) applications, alongside the improved product prices, contributed to the Company\u2019s record-breaking quarterly revenue.<\/p>\n

During last quarter SK hynix managed to increase the yield rate of its mainstream products including 1znm DRAM and 128-layer 4D NAND Flash, while expand their proportion among the Company\u2019s production volume. As a result, with enhanced cost competitiveness the Company\u2019s quarterly operating profit exceeded 4 trillion won. Notably, SK hynix\u2019s NAND Flash business has finally turned to a surplus in the third quarter.<\/p>\n

Kevin (Jongwon) Noh, Executive Vice President and Head of Corporate Center (CFO) at SK hynix, said, \u201cDespite the concerns over recent global supply chain disruptions, the remarkable quarterly performance signals that the semiconductor memory industry is continuing its growth momentum.\u201d<\/p>\n

SK hynix forecasts market demand for semiconductor memory will grow consistently, and will react flexibly to market condition changes and focus on securing profitability.<\/p>\n

At the same time, SK hynix expects to enhance the competitiveness of its NAND Flash business, which has recently turned to a surplus, with the completion of Intel NAND and SSD business acquisition until the end of this year.<\/p>\n

\u201cAfter the completion of the acquisition, SK hynix will establish complementary product portfolio which maximizes both companies\u2019 strengths, and seek to achieve economies of scale,\u201d Noh said. \u201cFor the future SK hynix will expand its R&D foothold and evolve into a global semiconductor memory leader.\u201d<\/p>\n

<\/p>\n

\"\"<\/p>\n

About SK hynix Inc.<\/strong>
\nASK hynix Inc., headquartered in Korea, is the world\u2019s top tier semiconductor supplier offering Dynamic Random Access Memory chips (\u201cDRAM\u201d), Flash memory chips (\u201cNAND Flash\u201d) and CMOS Image Sensors (\u201cCIS\u201d) for a wide range of distinguished customers globally. The Company\u2019s 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 at www.skhynix.com<\/a>, news.skhynix.com<\/a>.<\/p>\n

\u00a0<\/p>\n

Media Contact<\/strong>
\nSK hynix Inc.
\nGlobal Public Relations<\/p>\n

Technical Leader
\nJaehwan Kevin Kim
\nE-Mail: global_newsroom@skhynix.com<\/a><\/p>\n

Technical Leader
\nKanga Kong
\nE-Mail: global_newsroom@skhynix.com<\/a><\/p>\n

Technical Leader
\nEun Suk Yixi Lee
\nE-Mail: global_newsroom@skhynix.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Seoul, October 26, 2021 SK hynix Inc. (or \u2018the Company\u2019, www.skhynix.com) today announced financial results for its third quarter 2021 ended on September 30, 2021. The consolidated revenue of the third quarter 2021 was 11.805 trillion won, while the operating profit amounted to 4.172 trillion won and the net income 3.315 trillion won. Operating margin [\u2026]<\/p>\n","protected":false},"author":23,"featured_media":3535,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_migrated_source_id":8036,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[7,4],"tags":[58,368],"class_list":["post-3537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ir","category-press","tag-quarterly-earnings","tag-third-quarter-2021"],"acf":[],"_links":{"self":[{"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/posts\/3537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/comments?post=3537"}],"version-history":[{"count":3,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/posts\/3537\/revisions"}],"predecessor-version":[{"id":11383,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/posts\/3537\/revisions\/11383"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/media\/3535"}],"wp:attachment":[{"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/media?parent=3537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/categories?post=3537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/tags?post=3537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}