Press Release

SK hynix Inc. Reports Third Quarter 2013 Results

By October 29, 2013 December 7th, 2020 No Comments

he financial information of the earnings in this press release is written based on K-IFRS.

Seoul, October 29, 2013

SK hynix Inc. (or ‘the Company’, today announced financial results for its third quarter 2013 ended September 30, 2013.

The Company posted the consolidated third quarter revenue of 4.08 trillion won increased 4% from 3.93 trillion won of the previous quarter, thanks to rising DRAM prices and increased NAND Flash bit shipment resulted from releases of brand new mobile devices. Operating profit was 1.16 trillion won with operating margin of 29% due to the revenue increase thanks to favorable market environment as well as process technology migration and yield improvement.

Both the revenue and the operating profit beat again the record-high of the previous quarter for the Company’s quarterly results. Net income for the quarter was 958 billion won reflecting non-operating expenses, which was slightly increased from 947 billion won in the previous quarter.

Quarter-over-quarter, DRAM bit shipments decreased 2% but the average selling price rose 5%. For NAND Flash, the bit shipments increased 11% due to stable growth of the demand resulted from the brand new mobile gadgets, but the average selling price dropped 6%.

The Company had finished the development of 2Ynm DRAM and 1Xnm NAND Flash and has completed preparations for the mass production of the products. And consistently, the Company will focus on creating stable profit in the changing memory semiconductor industry dynamics by maintaining the industry-leading technology competence.

FY2013 Q3 Earnings

Consolidated BasisUnit : Billion KRW

2013 Q3 2013 Q2 QoQ 2012 Q3 YoY
Revenue 4,084 3,933 4% 2,423 69%
Operating Profit 1,164 1,114 5% -24 N/A
Operating Profit Margint 29% 28% 1%p -1% 30%p
Net Income 958 947 1% 2 46,852%

※ The financial information of the earnings is written based on K-IFRS.

Please note that the financial results discussed herein are preliminary and speak only as of September 30, 2013. 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.’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 SK hynix Inc.

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 at



Media Contact

SK hynix Inc.
Public Relations

Assistant Manager
Heeyoung Son
Phone: +82.2.3459.5316

Senior Manager
Seong-Ae Park
Phone: +82.2.3459.5325