{"id":5120,"date":"2012-10-24T10:31:13","date_gmt":"2012-10-24T10:31:13","guid":{"rendered":"http:\/\/localhost:8080\/sk-hynix-inc-reports-third-quarter-2012-results\/"},"modified":"2026-07-29T15:05:08","modified_gmt":"2026-07-29T06:05:08","slug":"sk-hynix-inc-reports-third-quarter-2012-results","status":"publish","type":"post","link":"https:\/\/news.skhynix.com\/en\/sk-hynix-inc-reports-third-quarter-2012-results\/","title":{"rendered":"SK hynix Inc. Reports Third Quarter 2012 Results"},"content":{"rendered":"

The financial information of the earnings in this press release is written based on K-IFRS.<\/strong><\/p>\n

Seoul, October 24, 2012<\/strong>
\nSK hynix Inc. (or \u2018the Company\u2019, www.skhynix.com<\/a>) today announced financial results for its third quarter 2012 ended September 30, 2012.<\/p>\n

The Company posted the consolidated third quarter revenue of 2.42 trillion won decreased 8% from 2.63 trillion won of the previous quarter due to a sluggish DRAM market. Operating loss was 15 billion won with operating margin of negative 1%. Net income for the quarter returned to the black with 2 billion won profit positively impacted by net foreign currency transactions.<\/p>\n

During the quarter, NAND Flash price was stabilized thanks to limited production by manufacturers and the increased sales of solution products such as MCP and eMMC contributed to an overall profit. On the other hand, although the portion of non-PC DRAMs reached more than 70% including over 30% of the mobile products, the price of PC DRAM continuously decreased over the quarter due to the weak PC demand.<\/p>\n

Quarter-over-quarter, DRAM bit shipments decreased 5% and the average selling price also declined 8%. For NAND Flash, the bit shipments increased 5% and the average selling price rose 4%.<\/p>\n

SK hynix will enhance its competitiveness by expanding mobile and NAND solution products. It will also flexibly control the 20nm class DRAM technology migration considering the market condition in order to achieve the profitability.<\/p>\n

\u25a0 FY2012 Q3 Earnings<\/strong><\/p>\n

Consolidated Basis<\/span>Unit : Billion KRW<\/span><\/p>\n\n\n\n\n\n\n\n
<\/td>\n2012 Q3<\/td>\n2012 Q2<\/span><\/td>\nQoQ<\/td>\n2011 Q3<\/td>\nYoY<\/td>\n<\/tr>\n
Revenue<\/strong><\/td>\n2,423<\/span><\/td>\n2,632<\/td>\n-8%<\/td>\n2,291<\/td>\n6%<\/td>\n<\/tr>\n
Operating Profit<\/strong><\/td>\n-15<\/span><\/td>\n23<\/td>\nN\/A<\/td>\n-277<\/td>\n95%<\/td>\n<\/tr>\n
Operating Profit Margint<\/strong><\/td>\n-1%<\/span><\/td>\n1%<\/td>\n-2%p<\/td>\n-12%<\/td>\n11%p<\/td>\n<\/tr>\n
Net Income<\/strong><\/td>\n2<\/span><\/td>\n-53<\/td>\nN\/A<\/td>\n-563<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u203b The financial information of the earnings is written based on K-IFRS.
\n\u00a0<\/p>\n

Please note that the financial results discussed herein are preliminary and speak only as of Septembr 30, 2012. Readers should not assume that this information remains operative at a later time. In addition, this information may include forward-looking statements that involve a variety of risks and uncertainties that could cause actual results to differ materially. For further discussion of these risks and uncertainties, readers should refer to SK hynix Inc.\u2019s filings with the Korea Exchange. This document is neither an offer to sell nor a solicitation of an offer to sell any security of SK hynix Inc.<\/p>\n

About SK hynix Inc.<\/strong>
\nSK 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>.<\/p>\n

\u00a0<\/p>\n

Media Contact<\/strong>
\nSK hynix Inc.
\nCorporate Communications<\/p>\n

Senior Manager
\nSeong-Ae Park
\nPhone: +82.2.3459.5325
\nE-Mail: seongae.park@sk.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The financial information of the earnings in this press release is written based on K-IFRS. Seoul, October 24, 2012 SK hynix Inc. (or \u2018the Company\u2019, www.skhynix.com) today announced financial results for its third quarter 2012 ended September 30, 2012. The Company posted the consolidated third quarter revenue of 2.42 trillion won decreased 8% from 2.63 [\u2026]<\/p>\n","protected":false},"author":23,"featured_media":3393,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_migrated_source_id":1732,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[7,4],"tags":[537,405],"class_list":["post-5120","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ir","category-press","tag-537","tag-results"],"acf":[],"_links":{"self":[{"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/posts\/5120","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=5120"}],"version-history":[{"count":3,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/posts\/5120\/revisions"}],"predecessor-version":[{"id":6562,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/posts\/5120\/revisions\/6562"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/media\/3393"}],"wp:attachment":[{"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/media?parent=5120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/categories?post=5120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/tags?post=5120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}