{
    "success": true,
    "data": {
        "id": 1888506,
        "msgid": "south-koreas-sk-hynix-posts-record-financial-performance-1785326216",
        "date": "2026-07-29 18:04:02",
        "title": "South Korea's SK hynix Posts Record Financial Performance",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Business",
        "summary": "South Korean chipmaker SK hynix reported record quarterly earnings, driven by sustained demand from artificial intelligence infrastructure investments. The company's operating profit surged over 557 per cent year-on-year, marking its highest quarterly performance ever. SK hynix is also expanding multi-year supply agreements with major clients to secure long-term stability amid the AI-driven chip boom.",
        "content": "<p>South Korean memory chip manufacturer SK hynix reported record\nearnings for the second quarter, driven by sustained demand from\nincreased investment in artificial intelligence (AI) infrastructure, the\ncompany announced on Wednesday. The company\u2019s operating profit surged\n557.2 per cent year-on-year to 60.54 trillion won (approximately 41.6\nbillion US dollars) in the April-June quarter, with an operating margin\nof 76 per cent. Revenue also soared 256.8 per cent to 79.32 trillion\nwon, while net profit skyrocketed 1,242.5 per cent to 93.92 trillion\nwon. The company emphasised that this revenue marks the highest\nquarterly performance in its history. Prices for DRAM and NAND flash\nmemory rose significantly quarter-on-quarter, allowing SK hynix to\nachieve top-tier profitability by expanding sales centred on\nhigh-value-added products such as HBM, DRAM for AI servers, and eSSD.\nThe chipmaker\u2019s cash and cash equivalents reached 88 trillion won at the\nend of June, an increase of 33.6 trillion won from three months earlier.\nThe company\u2019s total debt shrank to 18.6 trillion won, boosting its net\ncash position to 69.4 trillion won. The company stated it is expanding\nmulti-year contract discussions with customers to secure mid- to\nlong-term supply stability amid the surge in chip demand, emphasising\nthat it has completed long-term agreements (LTAs) with around 10\ncustomers, including key strategic partners.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/south-koreas-sk-hynix-posts-record-financial-performance-1785326216",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}