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More >Today 2026-10-28
SK Hynix reported a third-quarter operating profit of 83.3 trillion won, exceeding market expectations of 76.7 trillion won, while revenue increased by 328% year-on-year to 104.6 trillion won. The company plans a shareholder return program of approximately 100 trillion won (about US$75.4 billion) by 2026, including at least 30 trillion won in cash dividends and 60 trillion won in share buybacks and cancellations. The company has signed long-term supply agreements with 14 customers and anticipates the memory chip supply-demand gap will continue until 2030. Following the earnings report, SK Hynix's stock price rose 9.05%, and the South Korean KOSPI index rose approximately 6.14%.