Memory chip demand continues to be sluggish, Samsung's memory business unit and SK Hynix may still lose money in Q3

According to foreign media reports, as the third quarter comes to an end, investors, analysts and major investment banks are also paying attention to the performance of major manufacturers in this quarter and have begun to give relevant expectations.

As two important memory chip suppliers, the performance of Samsung Electronics and SK Hynix in the third quarter has also attracted much attention, especially in the context of unsatisfactory demand for consumer electronics products and a significant reduction in demand for memory chips.

Relevant media reports show that although the global semiconductor industry has shown some signs of improvement, demand for memory chips is still sluggish, and Samsung Electronics' storage business unit and SK Hynix are still likely to lose money in the third quarter.

A loss in the third quarter will mean that Samsung Electronics' storage business unit and SK Hynix will lose money for multiple consecutive quarters.

Since the third quarter of last year, the revenue of Samsung Electronics' storage business unit has continued to decline sharply year-on-year. Its equipment solutions division experienced operating losses of 4.58 trillion won and 4.36 trillion won respectively in the first and second quarters of this year.

Like Samsung Electronics' storage business unit, SK Hynix's revenue has continued to decline year-on-year since the third quarter of last year, with a year-on-year decline of 58% in the first quarter of this year and a year-on-year decline of 47% in the second quarter. But unlike Samsung Electronics, SK Hynix began to suffer net losses in the fourth quarter of last year, with a net loss of 3.52 trillion won in the quarter. In the first quarter and second quarter of this year, net losses were 2.59 trillion won and 2.99 trillion won respectively.