Industry News

South Korea's Chip Exports Turned Negative in January, SK Hynix Lost Money for the First Time in 10 Years

Update time : 2023-02-03 10:12:13

South Korea reported its largest-ever trade deficit in January as chip sales and chip prices plummeted. According to the data, Korea's semiconductor exports fell 44.5% year-on-year to $6 billion, petrochemical exports dropped 25% to $3.8 billion and display exports dropped 36% to $1.3 billion.

Chip exports were affected by plunging prices for DRAM and NAND flash memory chips as demand weakened and inventories built up. System chip exports, which had been firm, turned negative in January.
Semiconductor exports fell 44.5 percent last month compared with a year ago due to the global economic slowdown and falling semiconductor prices. South Korean memory chip maker SK Hynix announced its Q4 2022 (ending Dec. 31, 2022) results on Feb. 1: revenue decreased 38% (30% QoQ) to 7.699 trillion won, while revenue loss was 1.701 trillion won, underperforming 4Q 2021 (4.22 trillion won) and 3Q 2022 (1.656 trillion won). The net loss amounted to 3.524 trillion won.
In the first half of last year, SK Hynix started mass production of HBM3 DRAM (the fourth generation of high-frequency wide storage products) for customers such as AI chip maker NVIDIA Corporation. NVIDIA announced a multi-year partnership with Microsoft Corp. last November to build one of the world's most powerful AI supercomputers. Microsoft has announced that customers will soon be able to use ChatGPT through Azure OpenAI services.
Bloomberg reports that SK Hynix rival Samsung Electronics Co. said Tuesday that its capital expenditure plan for this year is expected to be comparable to that of last year, mainly in response to necessary infrastructure investments required for medium- to long-term demand.

Previous : Vishay Introduces High Volume Efficiency Automotive-Grade vPolyTan Polymer Tantalum Chip Capacitors with Low ESR

Next : SK Hynix restructured the CMOS image sensor team and focused on developing high-end products

How many chips does a car need?

Sep .19.2024

Automotive chips can be divided into four types according to their functions: control (MCU and AI chips), power, sensors, and others (such as memory). The market is monopolized by international giants. The automotive chips people often talk about refer to

Position and Function of Main Automotive Sensors

Sep .18.2024

The function of the air flow sensor is to convert the amount of air inhaled into the engine into an electrical signal and provide it to the electronic control unit (ECU). It is the main basis for determining the basic fuel injection volume. Vane type: The

Chip: The increasingly intelligent electronic brain

Sep .14.2024

In this era of rapid technological development, we often marvel at how mobile phones can run various application software smoothly, how online classes can be free of lag and achieve zero latency, and how the functions of electronic devices are becoming mo

LDA100 Optocoupler: Outstanding Performance, Wide Applications

Sep .13.2024

In terms of characteristics, LDA100 is outstanding. It offers AC and DC input versions for optional selection, enabling it to work stably in different power supply environments. The small 6-pin DIP package not only saves space but also facilitates install

About Us

About Us What we do Quality People

Products

CHIP/IC Active devices Passive device Components OTHER

China electronic components supplier----Wah Luen Shing Electronic.----www.wlschip.com

Leave a message