CHINA substantially increased the import of South Korean computer chips in the first half of 2024, according to data from Samsung Electronics and SK Hynix, reported Hong Kong's South china Morning Post.
Samsung reported an 82 per cent rise in revenue from China year on year to KRW32.35 trillion (US$24.1 billion) in the first six months of the year, according to the company's first-half financial results.
China accounted for 31 per cent of Samsung's regional revenue of KRW104.9 trillion, which grew 28 per cent from the same period a year earlier.
SK Hynix also reported a China sales surge, with revenue from clients in the country jumping 122 per cent to 8.6 trillion won, accounting for 30 per cent of its 28.8 trillion won in total revenue for the first half. SK is a major supplier of advanced memory chips known as high-bandwidth memory (HBM).
SK Hynix made more than 95 per cent of its revenue from memory chips. Samsung's sales to China also include smartphones and home appliances, in addition to chips.
SeaNews Turkey
Samsung reported an 82 per cent rise in revenue from China year on year to KRW32.35 trillion (US$24.1 billion) in the first six months of the year, according to the company's first-half financial results.
China accounted for 31 per cent of Samsung's regional revenue of KRW104.9 trillion, which grew 28 per cent from the same period a year earlier.
SK Hynix also reported a China sales surge, with revenue from clients in the country jumping 122 per cent to 8.6 trillion won, accounting for 30 per cent of its 28.8 trillion won in total revenue for the first half. SK is a major supplier of advanced memory chips known as high-bandwidth memory (HBM).
SK Hynix made more than 95 per cent of its revenue from memory chips. Samsung's sales to China also include smartphones and home appliances, in addition to chips.
SeaNews Turkey
