CONNECT WITH US

Samsung, SK Hynix reportedly set for record profits as long-term contracts expand

Sherri Wang, DIGITIMES Asia, Taipei 0

Credit: SK Hynix

Samsung Electronics and SK Hynix are expected to post record first-quarter profits as surging artificial intelligence demand drives memory prices higher, with suppliers pushing to expand multi-year supply agreements to stabilize earnings.

The article requires paid subscription. Subscribe Now