SK Hynix will scale back its whole NAND flash wafer manufacturing by greater than 10% beginning this 12 months, because of the efforts to decelerate its capability enlargement tempo.
SK Hynix reported working income of KRW1.37 trillion (US$1.18 billion) for the primary quarter of 2019, down 69% on each sequential and on-year bases, whereas consolidated revenues fell 32% on quarter and 22% from a 12 months earlier to KRW6.77 trillion. The firm attributed its adverse efficiency to ” a faster-than-expected price decline and lower shipments due to slowing memory demand.”
SK Hynix noticed its DRAM bit shipments and ASPs lower 8% and 27%, respectively, on quarter. “Seasonal slowdown and conservative server purchases” led to each cargo and ASP declines, the corporate stated.
SK Hynix disclosed its NAND flash ASPs fell 32% sequentially within the first quarter, resulting from “high inventory levels and intensifying competition among suppliers,” whereas bit shipments slipped 6% on quarter.
SK Hynix generated web income of KRW1.1 trillion within the first quarter of 2019, down 68% sequentially and 65% on 12 months.
SK Hynix stays centered on know-how developments for revenue enchancment. The firm plans to start out promoting 1ynm DRAM chips primarily for computing merchandise within the second half of 2019, whereas trying to broaden its provide of high-density 64GB modules. As for NAND flash, SK Hynix will develop 72-layer 3D merchandise as a proportion of whole NAND chip output whereas selling 96-layer 4D NAND reminiscence for SSDs and cellular gadgets within the second half of 2019.
In addition, SK Hynix plans to ramp up the capability at its new M15 fab in Cheongju, Korea at a slower tempo. As a consequence, the corporate’s whole NAND wafer produced this 12 months is predicted to be greater than 10% decrease than the 2018 stage, SK Hynix indicated.
