Intel to Sell NAND Flash Memory Business to SK Hynix for $9 Billion

The world’s second-largest chipmaker, South Korea’s SK Hynix, on Tuesday announced a $9 billion (roughly Rs. 66,000 crores) deal to buy Intel’s flash memory chip operation as it seeks to bolster its position against rival behemoth Samsung Electronics. SK Hynix is already the world number two maker of DRAM chips, used in computers and servers, and the second-largest chipmaker overall. But it has…

New Post has been published on https://is.gd/xEdddE

SEOUL, South Korea | Chipmaker SK Hynix reports record-high net profit

SEOUL, South Korea — South Korean chipmaker SK Hynix said Thursday its quarterly net profit surged 75 percent to a record high, as soaring global demand and tight supplies hiked memory chip prices.

SK Hynix said its April-June net income was 4.3 trillion won ($3.8 billion), compared with 2.5 trillion won a year earlier. The result beats the analyst consensus of 3.9 trillion won, according to market data provider FactSet.

SK Hynix, the world’s second-largest memory chipmaker after Samsung Electronics, said its sales and operating income were also at historic highs.

Sales jumped 55 percent to 10.4 trillion won ($9.3 billion). Operating profit surged 83 percent to 5.6 trillion won ($5 billion).

SK Hynix said global demand for chips that process data in servers, personal computers and mobile computers soared, but global supplies could not catch up, resulting in higher memory chip prices.

The South Korean chipmaker said the sky-high demand for memory chips would not ease soon. Companies in the United States and China are scaling up their investment in data centers, while new cloud services that also require memory chips are set for launches, propping up demand for the microchips during the second half of this year, it said.

Global smartphone makers including Apple and Samsung Electronics are due to release new models with higher memory capacity, continuing to drive demand for mobile memory chips during the typically high demand season, according to SK Hynix.

But production of memory chips will not grow as fast as demand. Global chipmakers have been challenged to increase their capacity partly because production processes have become increasingly sophisticated. SK Hynix said the current supply shortages in the global market for DRAM chips, a type of memory chips, will continue for the rest of the year.

__

Samsung Electronics develops world’s smallest DRAM chip

Samsung Electronics Co Ltd said on Wednesday it has developed the world`s smallest DRAM chip, widening its technical lead on competitors as it tracks towards a record operating profit in 2017 driven by the semiconductor business.

The “second-generation” 10-nanometre class, 8-gigabit DRAM chips with improved energy efficiency and data processing performance would be geared toward premium…

Samsung sees Q3 income skip as chip surge eases smartphone

SEOUL: South Korea’s Samsung Electronics Co expects third-quarter profit grew 5.6 per cent, beating estimates, as a surprise in chip surge eases smartphone and display earnings likely counteract the crash of a global smartphone recall that has roiled the tech giant. The world’s biggest smartphone maker said in a brief filing on Friday its in commission profit for July-September was likely 7.8…

Apple has taken a decision all for minimizing the degree of memory purser supplied proper to Samsung and is looking for composite other good options.<\p>

The everlasting debate among the the conn mobile tycoons has embellished the militancy deal between Samsung and Apple. Apple has decided for cushioning the orders off Samsung of memory chips as respects the mobile phones moreover Samsung is streamlined a hollow competitor and the court case of $1bn is going around between these two. According to the newspaper Apple the Californian company is know beating other brands such how Elpida Testimonial dinner, Toshiba and the Korean SK Hynix for providing more chips in place of Samsung. <\p>

Apple has not fully cut off with Samsung as some of the chips are still supplied for the upcoming iphones from them. Only slowly and steadily Apple would automatically cut off the order in relation to chips from Samsung so Samsung has to cover en route to those orders by taking orders from other business especially the smart phone business of Samsung. According to the sources the patent case among both of them throw is going for a long time and this status has good-for-nothing to mime with the ovation chip.<\p>

Moreover in spite of that Apple has to widen its thinking agreeably to enlarging its supply circle. As well in the prime of this year ELpida has sold half anent its DRAM ointment of its handset so that Apple and all what is happening is just an coming to be that all can say somewhere about them. This abode is very odd as Apple and Samsung angrily battling with each else in the court regarding the patents provisions on the other hand Samsung is a continuing and generalissimo supplier for Apple. Yet there are million admirers who are thinking that why Apple has not fully lucid its relation with Samsung? <\p>