SEOUL—Hynix Semiconductor Inc. expects to be profitable next year after posting huge losses in the early part of this year, in an indication that an industry downturn is ending and memory-chip business is poised for a recovery.
Jong-Kap Kim, chief executive of the world's second-largest maker of computer memory chips by revenue after Samsung Electronics Co., said in an interview late Monday that he expects a global shortage next year of dynamic random access memory chips, a crucial component for personal computers.
The DRAM industry is getting a boost from rising chip prices and a rebound in demand for PCs