Hynix forecast DRAM increased twenty percent this year
The company, which is second only to samsung electronics, reported on Thursday that its operating profit in the fourth quarter of last year was nearly triple, a record high and above market expectations, according to a Reuters report. Benefit from memory chip demand, during the fourth quarter of last year, hynix operating profit of 4.5 million won ($4.23 billion), a record high, and than analysts had forecast of 4.3 million won. In the same season, the revenue was increased by 69% to nine trillion won, above the market estimate of 8.9 trillion won; Net profit of 3.2 trillion won is lower than the analyst's estimate of 3.4 trillion yuan. In the quarter, DRAM shipments rose 3% against the previous quarter, the average selling price rose 9%. NAND shipments are up 16%, and the average price is up 4%.
For the full year of 2017, hynix revenue was 30.1 trillion won, operating profit of 13.7 trillion won.
Looking forward to 2018, the hercules estimate that DRAM and NAND will be 20% and 40% each year, with a 20% increase in shipments and 45% of their shipments. The firm estimates that DRAM and NAND shipments are down slightly in the first quarter of the year, and the NAND supply and demand in the second half of the year could be tight. In 2018, the overall industry NAND capacity is still equal to 2017.
For the full year of 2017, hynix revenue was 30.1 trillion won, operating profit of 13.7 trillion won.
Looking forward to 2018, the hercules estimate that DRAM and NAND will be 20% and 40% each year, with a 20% increase in shipments and 45% of their shipments. The firm estimates that DRAM and NAND shipments are down slightly in the first quarter of the year, and the NAND supply and demand in the second half of the year could be tight. In 2018, the overall industry NAND capacity is still equal to 2017.