Press Release

hynix Semiconductor Inc. Reports Third Quarter 2010 Results

By October 28, 2010 December 7th, 2020 No Comments

Seoul, October 28th, 2010

hynix Semiconductor Inc. (‘hynix’, today announced the earnings results for its third quarter 2010, ended September 30, 2010.

Consolidated revenues of the third quarter of fiscal year 2010 totaled 3.25 trillion won, slightly decreased from 3.28 trillion won in the second quarter.

Quarter-over-quarter, average selling price (‘ASP’) of DRAM declined 9% sequentially while bit shipment increased 2%. NAND Flash ASP also decreased by 23%, but the bit shipment increased by 42%. Due to sluggish demand, the memory price has been weaker than expected during the quarter. However, hynix reported robust financial results, benefiting from technology improvement and customized products mix.

Consolidated operating profit reached 1.01 trillion won with operating margin of 31%. It is slightly lower than the previous quarter’s 1.05 trillion won and the margin of 32%. This performance is similar to the previous quarter which was the Company’s highest ever based on quarter, thanks to our technology competitiveness and profitable products portfolio.

Consolidated net income was 1.06 trillion won increased by 59% compared with 665 billion won of the previous quarter. Net income benefited from net foreign currency transaction and translation gain, partially offset by net interest expense.

FY2010 Q3 Earnings

Consolidated BasisUnit : Billion KRW

2010 Q3 2010 Q2 QoQ 2009 Q3 YoY
Revenue 3,250 3,279 -1% 2,118 53%
Operating Profit 1,011 1,045 -3% 209 383%
Operating Profit Margint 31% 32% -1%p 10% 21%p
Net Income 1,060 660 61% 245 332%


Parent Company BasisUnit : Billion KRW

2010 Q3 2010 Q2 QoQ 2009 Q3 YoY
Revenue 3,274 3,258 0% 2,053 59%
Operating Profit 992 1,032 -4% 165 501%
Operating Profit Margint 30% 32% -2%p 8% 22%p
Net Income 1,061 660 61% 245 332%


Please note that the financial results discussed herein are preliminary and speak only as of September 30, 2010. 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 hynix Semiconductor Inc.’s filings with the Korea Exchange. This document is neither an offer to sell nor a solicitation of an offer to sell any security of hynix.

About hynix Semiconductor Inc.

hynix Semiconductor Inc. (HSI) of Icheon, Korea, is the world’s top tier memory semiconductor supplier offering Dynamic Random Access Memory chips (“DRAMs”) , Flash memory chips (“NAND Flash”) and CMOS Image Sensor (“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 hynix is available at



Media Contact

SK hynix Inc.

Assistant Manager
Seong-Ae Park
Phone: +82.2.3459.5325
Fax: +82.2.3459.5333

Si-Hyun Lee
Phone: +82.2.3459.5355
Fax: +82.2.3459.5333