[Concall] SK Hynix "Solidigm Performance, Annual 'Millions of Dollars Deficit' Worse Than Initially Expected"
[Asia Economy Reporter Moon Chaeseok] On the 26th, during the Q3 earnings conference call, SK Hynix was asked about the performance of Solidigm, the former Intel NAND business unit. They explained, "Since Solidigm is a non-listed company, it is difficult to disclose detailed Q3 results, but on an annual basis, excluding one-time expenses, it recorded a slight profit on a 'Non-GAAP' basis, while a loss of several million dollars is expected on a 'GAAP' basis." They added, "The market conditions (on a GAAP basis) are much worse than initially expected at the beginning of the year, so Solidigm's performance is also deteriorating."
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