"SK hynix Expected to Post 61 Trillion Won Operating Profit in Q2... ADR Listing Seen as Short-term Momentum" [Click e-Stock]

On June 18, DS Investment & Securities forecast that SK hynix's operating profit for the second quarter would reach 61 trillion won.

Surim Lee, a researcher at DS Investment & Securities, stated in a report released that day, "SK hynix's second-quarter revenue is estimated to reach 82 trillion won, up 57% from the previous quarter, while operating profit is projected to rise 63% to 61 trillion won." She analyzed, "Although the company has a higher proportion of high-bandwidth memory (HBM) compared to competitors, which could result in a relatively modest average selling price (ASP) increase in the second and third quarters, a significant ASP increase is expected in the fourth quarter."

Particularly, moves by big tech (large IT companies) clients to secure HBM supply volumes have drawn attention to the possibility of investments in a front-end fabrication facility (fab) in the United States. Lee commented, "There have been recent reports that big tech clients have proposed to support investments in new production lines and share equipment purchase costs to secure HBM supply. Chairman Chey Tae-won mentioned the possibility of overseas memory production bases at Computex, and given that major big tech clients are concentrated in the United States, there is a possibility of investment in a front-end fab targeting post-HBM5 in the U.S."

She added, "If SK hynix secures a U.S. production base through a joint venture (JV) or long-term agreement (LTA) with big tech clients, it could alleviate the burden of large-scale investment while also ensuring mid- to long-term visibility of HBM demand. The American Depositary Receipt (ADR) listing scheduled for August is also expected to serve as a short-term supply and demand momentum."

This content was produced with the assistance of AI translation services.