Earnings release
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SK hynix Inc. Reports Second Quarter 2021 Results July 27 , 2021 Seoul , July 27 , 2021 SK hynix Inc. ( or ' the Company ' , www.skhynix.com ) today announced financial results for its second quarter 2021 ended on June 30 , 2021. The consolidated revenue of the second quarter 2021 was 10.322 trillion won , while the operating profit amounted to 2.695 trillion won and the net income 1.988 trillion won . Operating margin for the quarter was 26 % and net margin was 19 % . It was the first time in three years that SK hynix recorded the quarterly revenue of more than 10 trillion won as the memory market condition , which began to recover earlier this year , continued to improve in the second quarter . The company last logged more than 10 trillion won in the third quarter of 2018 when the memory market was booming . The Company explained that memory demand for PCs , graphics , and consumers surged rapidly , while that for servers recovered during the April - June period , leading to an improvement in the business performance . In addition , an increase in the sales of the advanced process products like 1ynm , 1znm DRAM and 128 - layer NAND Flash helped improve cost competitiveness and increase both the revenue and the operating profit by 22 % and 103 % QoQ respectively . SK hynix expects the favorable memory market conditions to continue into the second half of 2021 , partly helped by seasonal demand . Specifically , the Company anticipates the demand for NAND Flash products will grow amid increasing adoption of high capacity storage in mobile devices , while that for enterprise solid state drives ( SSDs ) is also expected to increase . SK hynix will maintain its DRAM technology competitiveness , while focusing on enhancing profitability for NAND Flash . For DRAM , SK hynix plans to increase the sales of its high - capacity server DRAMs larger than 64 Gigabyte ( GB ) . Additionally , the Company disclosed that it would begin supplying its 1 anm DRAMs , which are mass - produced via