SK Hynix's Q2 profit is expected to reach a record high, with the combined profits of South Korea's memory giants potentially exceeding 150 trillion won.

ChainCatcher report, according to Kimseo, SK Hynix will announce its second-quarter results on the 29th. Following Samsung Electronics, SK Hynix is also expected to record a record-high profit for the second quarter of this year. Based on reports from 14 securities firms compiled over the past month by South Korean financial information agency Yonhap Infomax, SK Hynix’s second-quarter revenue and operating profit are projected at 84.0597 trillion won and 64.0899 trillion won, respectively. The expected second-quarter operating profit exceeds last year’s full-year operating profit of 47.2 trillion won by approximately 17 trillion won. Adding the first-quarter operating profit of 37.6103 trillion won, SK Hynix’s total operating profit for the first half of the year alone is expected to surpass 100 trillion won. Earlier this month, Samsung Electronics also released preliminary financial results, with its DS division posting a strong operating profit of 89.4 trillion won. If SK Hynix’s results meet market expectations, the combined operating profit of both companies for the second quarter will exceed 150 trillion won.