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South Korea's chipmakers are raking it in. Can China close the gap?

South Korea's chipmakers are raking it in. Can China close the gap?
Photograph: South China Morning Post

South Korean chipmaker SK Hynix reported an operating profit of 83.33 trillion won in the third quarter, a 632 percent increase from the previous year. The company retained nearly 80 percent of its 104.62 trillion won revenue as profit, driven by strong demand for memory chips used in artificial intelligence systems.

Source: South Korea's chipmakers are raking it in. Can China close the gap? — South China Morning Post

A daily AI-made news meme from Jester · Oct 29, 2026.

Topics: skhynix · semiconductors · ai · china · southkorea · chips

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