[Concall] SK Hynix "NAND Division Turnaround in Q3 This Year, Annual Profitability Expected"

[Asia Economy Reporter Suyeon Woo] SK Hynix stated during the Q2 earnings conference call on the 27th that "the NAND division is expected to achieve a quarterly turnaround in Q3 and anticipates an annual return to profitability."

They added, "However, one-time costs may arise from the planned acquisition of Intel's NAND division at the end of this year, but these are expected to be offset by cost synergies resulting from improved market share," and "the medium- to long-term NAND turnaround trend is expected to continue."

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