Breaking news

SK Hynix Profit Surges As AI Demand Boosts Memory Prices

A South Korean memory chipmaker SK Hynix reported another quarter of strong profits and revenue, supported by demand for artificial intelligence and higher memory prices. Results were broadly in line with expectations, although revenue came in slightly below forecasts, reflecting shifting market conditions.

Record-Breaking Earnings And Market Momentum

Revenue reached 52.58 trillion won (approximately $35.55 billion), slightly below the forecast of 53.55 trillion won. Operating profit came in at 37.61 trillion won, compared with an expected 37.92 trillion won. On an annual basis, revenue nearly tripled while operating profit increased fivefold. The operating margin rose to 72%, reflecting stronger pricing and sustained demand.

Early trading gains in South Korea followed the results, indicating positive investor sentiment. The company linked performance to rising memory prices and continued investment in AI infrastructure, with customers prioritizing supply stability.

Dram Market Duel And Strategic Positioning

Data from Counterpoint Research show that the DRAM market recorded around 30% sequential growth in recent quarters, driven by pricing and limited capacity. Competition remains active between Micron Technology and Samsung Electronics. SK Hynix has focused on high-bandwidth memory (HBM), a key component for AI data centers.

The company holds roughly 57% of the HBM market. While Samsung regained the lead in overall DRAM revenue in late 2025, SK Hynix maintains a strong position in HBM. Plans include releasing HBM4E samples later this year, with mass production expected in 2027.

Capacity Constraints And Supply Chain Diversification

Industry commentary suggests supply constraints may persist. Chey Tae-won stated that wafer shortages could continue until 2030, with capacity expansion requiring several years and potentially leaving gaps in supply. In response, SK Hynix is investing 19 trillion won in a new manufacturing facility in South Korea. Additional steps include diversifying suppliers and securing long-term energy agreements to manage cost volatility.

Outlook

Demand linked to AI development continues to support the memory market, although pricing trends may moderate later in the year. Strong profitability, combined with ongoing investment in capacity and technology, positions SK Hynix to remain competitive as market conditions evolve.

Cyprus Expected Working Life Reaches 39.5 Years, Above EU Average

People in Cyprus are expected to spend 39.5 years in the workforce, around two years longer than the European Union average of 37.5 years, according to the latest Eurostat data for 2025.

The figure places Cyprus among the EU countries with the longest expected working lives.

Cyprus Ranks Above EU Average

Only a handful of member states recorded higher figures than Cyprus. The Netherlands topped the ranking at 44 years, followed by Sweden at 43.4 years, Denmark at 42.6 years, and Estonia at 41.5 years.

At the other end of the ranking were Romania with 32.7 years, Italy with 33.0 years, Bulgaria with 34.6 years and Greece with 35.3 years.

Gender Gap Remains Wider Than EU Average

Men in Cyprus are expected to remain in work for 42.1 years, compared with 36.7 years for women. The gap of 5.4 years exceeds the EU average gender gap of 4.1 years.

Across the bloc, Lithuania, Latvia and Estonia were the only countries where women were expected to spend longer in employment than men. Finland recorded the smallest positive gender gap at 0.7 years.

Italy posted the widest gap at 8.9 years, followed by Romania at 6.9 years, Greece at 6.7 years and Malta at 6.3 years.

Working Lives Continue To Lengthen

Between 2016 and 2025, expected working life in Cyprus increased by 3.5 years, placing the country among the strongest performers in the EU over the period. Men’s expected working life rose by 3.3 years, while women’s increased by 3.6 years.

Across the EU, every member state recorded an increase. Malta posted the largest gain at 4.9 years, followed by Hungary and Ireland at 4.2 years each, and the Netherlands at 4.1 years.

Malta’s increase was driven largely by women, whose expected working life rose by 7.8 years, the biggest increase recorded across the bloc.

By comparison, Romania, Spain, Italy, Germany and Austria recorded gains of two years or less over the same period.

Women’s Working Lives Increase Faster Across Europe

Women’s expected working life increased faster than men’s in most EU countries. Denmark, Romania, Sweden and Greece were the main exceptions.

In Cyprus, gains for men and women were broadly similar, alongside Bulgaria, Belgium and Slovenia.

Aretilaw firm
The Future Forbes Realty Global Properties
Uol
eCredo

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter