Search results for Yongin cluster
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
Chipmakers\' big two capacity expansion boosts equipment orders
South Korea’s two leading chipmakers are announcing new investments that are expected to drive equipment demand. SK Hynix plans a 19 trillion won advanced packaging facility in Cheongju, targeting completion in 2027. Samsung Electronics is expanding 1c DRAM production at its Pyeongtaek P4 plant and aims to secure more than 140K capacity by end-2026. Equipment firms such as Jusung and Shinsung E&G have confirmed orders, while brokerages expect memory capex to rise in 2026.