SK Hynix Inc

000660: XKRX (KOR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	₩635,477.00	Plg	Jthqyrcw

Memory Suppliers' Earnings: Price Decline To Narrow in Late 2023 and Turn to Recovery in 2024

Kazunori Ito

May 1, 2023

The March-quarter earnings results of South Korean memory suppliers, Samsung Electronics and SK Hynix, were largely in line with our expectations, supporting our view that memory prices will bottom out in the second half of this year and then rise throughout 2024.

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