SK Hynix plunged 31.7% in the first quarter of this year compared to the first quarter.

COMPANY / Reporter Kim Jisun / 2023-05-30 20:48:40

 

[Alpha Biz=(Chicago) Reporter Kim Jisun] According to Taiwan market researcher TrendForce on the 27th, SK Hynix's sales in the first quarter of this year amounted to $ 2.312 billion, down 31.7% from $ 3.386 billion in the previous quarter. As a result, Micron of the U.S. (2.72 billion dollars) gave up the second place in the world's memory semiconductor industry and fell to third place. It has been 10 years since September 2013.

Considering that the drop in SK Hynix's ranking was due to short-term variables such as the fire at its Wuxi plant in China in the past, this is the first time that the DRAM industry ranking led by "Big 3" has changed since SK Hynix regained its No. 2 position from Micron, which acquired Japan's LPIDA in 2012.

SK Hynix's inventory assets reached 17.1823 trillion won in the first quarter of this year, doubling from 8.9166 trillion won at the end of 2021, sharply increasing its inventory burden. The second place in the memory industry, which seemed to be forever behind in the sales competition, is threatened.

SK Hynix is also shaking in the NAND business, which gained market dominance last year with the acquisition of Intel's NAND Flash Division (currently Solidime).

 

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

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