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Industry
SK Hynix to overhaul long-term supply contracts to prioritise volumes over price
SK Hynix is reviewing a new structure for long-term supply agreements, saying customers increasingly view securing volumes as a key risk. The company reported record quarterly revenue and operating profit for the first quarter of 2026 and said shortages of HBM, server DRAM and enterprise SSDs may persist, extending a price upcycle. It will bring forward the start of its Yongin cluster Phase 1 fab and accelerate NAND transitions and next-generation product rollouts.
Industry
SK Hynix posts Q1 operating profit of 37.6 trillion won, up 405 percent year on year
SK Hynix said on Wednesday it posted first-quarter revenue of 52.6 trillion won and operating profit of 37.6 trillion won. Revenue rose 198 percent from a year earlier and operating profit jumped 405 percent, with an operating margin of 72 percent. Quarterly revenue topped 50 trillion won for the first time. The company cited strong demand supported by expanded AI infrastructure investment and higher sales of high value-added products.
Industry
U.S., Japan, Korea NAND group to invest 3.5 trillion won in Taiwan\'s Nanya Tech to secure DRAM
A DRAM shortage driven by surging AI demand is leading NAND makers to invest directly in DRAM producers to lock in supply. Taiwan\'s Nanya Technology raised about $2.5 billion in a private placement from SanDisk Technologies, Solidigm, Cisco Systems and Kioxia. SanDisk and Kioxia also signed long-term DRAM supply agreements with Nanya. Nanya plans to use the funds for advanced DRAM plant facilities and equipment.
