According to foreign media reports, the decline in demand for memory chips caused by the decline in demand for consumer electronics products has affected Samsung Electronics and SK Hynix, two major memory chip manufacturers in South Korea. It was an operating loss, which led to a 45% year-on-year decline in operating profit for the year.
Under the background that the global demand for memory chips is still declining and has not yet picked up, the two major memory chip manufacturers, Samsung Electronics and SK Hynix, are still facing considerable performance pressure.
Relevant media also pointed out in the latest reports that South Korean memory chip manufacturers may experience rare operating losses when the global demand for memory chips declines with no end in sight.
If there is an operating loss in the first quarter of this year, SK Hynix will have an operating loss for two consecutive quarters. In the third quarter of last year, their operating profit was as high as 1.66 trillion won (currently about 8.732 billion CNY), but in the fourth quarter There was an operating loss of nearly 2 trillion won (currently about 10.52 billion CNY).
SK Hynix’s operating profit began to decline from the third quarter of last year. In the second quarter of last year, their operating profit was close to 4.2 trillion won (currently about 22.092 billion CNY), an increase of 56% year-on-year and a quarter-on-quarter increase of 47%. %. But in the third quarter, operating profit fell by 60% year-on-year and 61% quarter-on-quarter. It deteriorated further in the following quarter, with an operating loss.
The revenue of Samsung Electronics’ storage business in the third and fourth quarters of last year also declined year-on-year, of which 15.23 trillion won (currently about 80.11 billion CNY) in the third quarter fell 27% year-on-year and 28% month-on-month; The quarterly revenue was 12.14 trillion won (currently about 63.856 billion CNY), a year-on-year decrease of 38% and a month-on-month decrease of 20%. The annual revenue of 68.53 trillion won (currently about 360.468 billion CNY) also fell by 6% year-on-year.