SK Hynix Inc. (or ‘the Company’, www.skhynix.com) today announced financial results for its third quarter 2013 ended September 30, 2013.
  The Company posted the consolidated third quarter revenue of 4.08 trillion won increased 4% from 3.93 trillion won of the previous quarter, thanks to rising DRAM prices and increased NAND Flash bit shipment resulted from releases of brand new mobile devices. Operating profit was 1.16 trillion won with operating margin of 29% due to the revenue increase thanks to favorable market environment as well as process technology migration and yield improvement.
  Both the revenue and the operating profit beat again the record-high of the previous quarter for the Company’s quarterly results. Net income for the quarter was 958 billion won reflecting non-operating expenses, which was slightly increased from 947 billion won in the previous quarter.
  Quarter-over-quarter, DRAM bit shipment decreased 2% but the average selling price rose 5%. For NAND Flash, the bit shipment increased 11% due to stable growth of the demand resulted from the brand new mobile gadgets, but the average selling price dropped 6%.
  The Company had finished the development of 2Ynm DRAM and 1Xnm NAND Flash and has completed preparations for the mass production of the products. And consistently, the Company will focus on creating stable profit in the changing memory semiconductor industry dynamics by maintaining the industry-leading technology competence.