SK hynix Reports Second Quarter 2023 Financial Results

/PRNewswire/ — SK hynix Inc. (or “the company”, www.skhynix.com) today reported financial results for the second quarter of 2023. The company recorded revenue…

According to SK hynix, sales of both DRAM and NAND products increased in the second quarter, with higher average selling price (ASP) of DRAM largely contributing to revenue growth. SK hynix, thereby, aims to expand sales of high-end DRAM products, including HBM3, DDR5 and LPDDR5, as well as 176-layer based SSD products, which would help accelerate earnings improvement.

Via: prnewswire.com