Connect with us

News

SK Hynix’s 2020 net profit is 137% higher than 2019

Published

on

SK Hynix has published a report for the fourth quarter of 2020 and for the year as a whole.

The report said revenue for the quarter was $ 7.12 billion. This is 15% more than in the fourth quarter of 2019. Operating income in the fourth quarter of 2020 was $ 0.86 billion, up 298%, or nearly four times, from the fourth quarter of 2019. The operating margin, also known as the operating profit margin, increased from 4% to 12%. The quarter brought one of the largest manufacturers of memory chips a net profit of $ 1.58 billion. By comparison, the company suffered a net loss of $ 0.11 billion in the fourth quarter of 2019.

SK Hynix’s revenue for the full year of 2020 was $ 28.54 billion. This is an 18% increase compared to 2019. Operating profit increased by 84% compared to 2019 and reached $ 4.48 billion. Operating margin increased from 10% to 16%, with net income of $ 4.26 billion for the year. This is 137% more than the value given in the 2019 report.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Phones2 hours ago

Which manufacturers update the OS on smartphones the fastest: Android version 11

Google released the stable version of the Android 11 operating system on September 8, 2020. Very soon, the platform celebrated...

Phones2 hours ago

Nubia Red Magic 6 is the world’s first smartphone with Snapdragon 888 and 500 Hz screen

Nubia Technology CEO Ni Fei continues to fuel interest in the gamer-focused Nubia Red Magic 6 and Red Magic 6...

News2 hours ago

Meizu is not going to inflate the Meizu 18 lineup

The line of flagship smartphones Samsung Galaxu S21 – three models, Xiaomi is preparing to complement the Mi 11 with...

News3 hours ago

Samsung Galaxy Tab S7 Lite cannot boast of the performance of its older brothers. It is built on Snapdragon 765G

The first details about the Samsung Galaxy Tab S7 Lite tablet appeared ten days ago, and now a promising novelty...

Components3 hours ago

5nm, 96 cores, 192 threads and 12 channels of DDR5 memory. Characteristics of the most powerful AMD processors, which will be presented in the fall

While the whole world is waiting for AMD Milan server processors based on Zen 3 architecture, AMD is already working...

Phones4 hours ago

iPhone 12 finally jailbroken: jailbreak for iOS 14 released with support for all models from iPhone 6s

A team of experienced Apple mobile platform hackers Unc0ver has released a jailbreak that works on iOS 14 to 14.3...

Components4 hours ago

All parameters of the ten latest Intel Rocket Lake processors. It remains to find out about the Core i5

There is almost a month before the official start of sales of Intel Rocket Lake processors, and the announcement should...

Software4 hours ago

Many new Trojans for Android found on Google Play

Cybersecurity company Doctor Web published a report on malicious activity for mobile devices in January 2021. And although the total...

Most Popular