Company SK Hynix reported for the second quarter of 2017
Like other manufacturers, in which the financial year coincides with the calendar, the company SK Hynix has published a report for the quarter ended 30 June, for the second quarter of 2017.
The income of SK Hynix during the reporting period amounted to 6 billion dollars, 6% more than in the previous quarter and 70% higher than in the second quarter of last year. Operating profit amounted to 2.7 billion dollars. During the quarter it increased by 24% and the year — by 547%
Net profit for the quarter grew by 30%, and the year — by 763%. In absolute terms, it amounted to 2.2 billion dollars.
Sales of DRAM (if we assume that information capacity) in comparison with the previous quarter increased by 3% and average price by 11%. The manufacturer notes that this is due to steady demand in the server segment.
Sales of NAND flash memory (this again is about information capacity) decreased by 6%, while the average price increased by 8%.