[Breaking] SK hynix President Noh-Jung Kwak: “We will secure stable profitability through long-term contracts and build sustainable competitiveness”

[Financial News] SK hynix President Noh-Jung Kwak said on the 28th, “As trust built on our technological competitiveness leads to long-term contracts, conditions are being put in place for us to secure stable profitability.”
Speaking on the company’s third-quarter earnings conference call that day, Kwak said, “We are setting record results for the sixth consecutive quarter, but what we are paying closer attention to is the changing business environment underpinning those results.”
Kwak stressed, “Unlike in the past, growth potential is taking shape through concrete changes in the structure of our business. The task ahead is to turn this change into sustainable competitiveness. We will carry our current competitive edge in memory, including HBM, into next-generation products and become the partner customers turn to first as they prepare for the future.”
Kwak said, “We will strengthen our capabilities to turn market opportunities into results and sustain them,” adding, “I believe that as business growth and investment results accumulate, the fruits we share with shareholders should grow as well.” 


[email protected] Kim Hak-jae, Lim Su-bin Reporter