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SK Hynix Posts Record Profit, Plans 100T Won Returns

By Drooid · Oct 28, 2026, 14:17 UTC · How we work

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Summary

SK Hynix reported record third-quarter profit and unveiled a 100 trillion-won shareholder return plan.
Revenue rose to 104.62 trillion won, a 328% year-on-year increase.
Operating profit hit 83.33 trillion won, a 632% jump, yielding a 79.7% margin.
CEO Kwak Noh-Jung said DRAM and HBM volumes through 2029 are effectively sold out.
The company will pay over 30 trillion won in cash dividends and cancel more than 60 trillion won of shares.

Summary

Solidigm is negotiating with the U.S. Department of Commerce on a $45 billion NAND plant in the United States.
The company made equipment-import approval for its Dalian, China plant a prerequisite for finalizing the U.S. investment.
Solidigm told officials the total U.S. investment could eventually approach $100 billion (about 133 trillion won).
Solidigm suspended its IPO review shortly after the U.S. discussions were disclosed.

History

President Joe Biden signed the CHIPS and Science Act on Aug 9 2022, allocating $52.7 billion—incl. $7 billion for Intel and TSMC—and imposing export bans on China’s SMIC. The law spurred dozens of fab announcements, from TSMC’s Arizona plant (2020) to Intel’s Ohio investment (2022). SK Hynix’s record profit and Solidigm’s $45 billion NAND-plant talks illustrate the Act’s continuing drive to reshoring chips and tighten China-related licensing.

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Historical Context

President Joe Biden signed the CHIPS and Science Act on Aug 9 2022, allocating $52.7 billion—incl. $7 billion for Intel and TSMC—and imposing export bans on China’s SMIC. The law spurred dozens of fab announcements, from TSMC’s Arizona plant (2020) to Intel’s Ohio investment (2022). SK Hynix’s record profit and Solidigm’s $45 billion NAND-plant talks illustrate the Act’s continuing drive to reshoring chips and tighten China-related licensing.

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