Latest news with #KimKi-tae
CNA
24-04-2025
- Business
- CNA
Nvidia supplier SK Hynix sees limited tariff impact on AI chips after bumper Q1
SEOUL: SK Hynix, a key supplier of high-bandwidth memory processors to Nvidia, said quarterly profit more than doubled and demand for AI chips was so robust that it expects only limited impact on those products from potential US tariffs. Washington has launched an investigation into semiconductor imports, arguing that extensive reliance on foreign production is a national security threat. There have also been concerns that increased US export controls on chips to China, which have resulted in a US$5.5 billion hit to Nvidia, could harm SK Hynix. "Regarding our HBM business, what we can clearly state is that there has been no change to our sales plans for this year to key customers, which remain in line with the levels set in previously signed contracts," Kim Ki-tae, the company's head of HBM sales & marketing told an earnings briefing. Ryu Young-ho, a senior analyst at NH Investment & Securities, said while it was a relief that there were no issues with HBM chip shipments to Nvidia, there are still worries that advance purchases and stockpiling across the industry seen in recent months may lead to weaker demand in the second half. SK Hynix logged its second-highest quarterly operating profit ever in the first quarter with a 158 per cent jump to 7.4 trillion won (US$5.2 billion), boosted by strong AI-related demand and stockpiling of smartphone and PC chips ahead of potential increases in US tariffs. That handily beat a 6.6 trillion won LSEG SmartEstimate, which is weighted toward more consistently accurate analysts. Revenue soared 42 per cent to 17.6 trillion won The company said it expects spending by big tech firms on server chips to continue as they seek to capture early opportunities in the artificial intelligence market. In smartphones, the advancement of AI features in new models is expected to drive replacement demand, boosting sales of high-performance mobile DRAM chips, it added. SK Hynix has been leading a global race to meet explosive demand for HBM chips, a crucial component of chipsets made by the likes of Nvidia that help process vast amounts of data to train AI models. It is the main HBM chip supplier to Nvidia as cross-town rival Samsung Electronics has struggled to keep up. SK Hynix shares were down 1.5 per cent, underperforming the benchmark KOSPI's 0.5 per cent fall.
New Straits Times
24-04-2025
- Business
- New Straits Times
Nvidia supplier SK Hynix sees limited tariff impact on AI chips after bumper Q1
SEOUL: SK Hynix, a key supplier of high-bandwidth memory (HBM) processors to Nvidia, said quarterly profit more than doubled and demand for AI chips was so robust that it expects only limited impact on those products from potential US tariffs. Washington has launched an investigation into semiconductor imports, arguing that extensive reliance on foreign production is a national security threat. There have also been concerns that increased US export controls on chips to China, which have resulted in a US$5.5 billion hit to Nvidia, could harm SK Hynix. "Regarding our HBM business, what we can clearly state is that there has been no change to our sales plans for this year to key customers, which remain in line with the levels set in previously signed contracts," Kim Ki-tae, the company's head of HBM sales and marketing, told an earnings briefing. Ryu Young-ho, a senior analyst at NH Investment & Securities, said while it was a relief that there were no issues with HBM chip shipments to Nvidia, there are still worries that advance purchases and stockpiling across the industry seen in recent months may lead to weaker demand in the second half. SK Hynix logged its second-highest quarterly operating profit ever in the first quarter with a 158 per cent jump to 7.4 trillion won (US$5.2 billion), boosted by strong AI-related demand and stockpiling of smartphone and PC chips ahead of potential increases in US tariffs. That handily beat a 6.6 trillion won LSEG SmartEstimate, which is weighted toward more consistently accurate analysts. Revenue soared 42 per cent to 17.6 trillion won. The company said it expects spending by big tech firms on server chips to continue as they seek to capture early opportunities in the artificial intelligence market. In smartphones, the advancement of AI features in new models is expected to drive replacement demand, boosting sales of high-performance mobile DRAM chips, it added. SK Hynix has been leading a global race to meet explosive demand for HBM chips, a crucial component of chipsets made by the likes of Nvidia that help process vast amounts of data to train AI models. It is the main HBM chip supplier to Nvidia as cross-town rival Samsung Electronics has struggled to keep up.
Korea Herald
24-03-2025
- Entertainment
- Korea Herald
2025 LTI Korea Award application open to Korean literature, film, webtoon translators
The Literature Translation Institute of Korea is calling for submissions to the 2025 LTI Korea Award for Aspiring Translators, aimed at discovering emerging talent in translating Korean literary and cultural content. This year's award will be held across two categories -- literature and film/webtoon. The literature category is open to translations in nine languages: English, French, German, Spanish, Russian, Chinese, Japanese, Vietnamese and Indonesian. The film category covers four languages -- English, Spanish, Chinese and Japanese -- while the webtoon category includes English, French, Spanish and Japanese. Applicants are required to translate a designated work in their chosen category. For literature, one of the three short stories: Kim Ki-tae's 'The Internationale for Two,' Seo Jang-won's 'Little Pride' or Seong Hae-na's 'Honmono;' for the film, either director Namkoong Sun's 'Time to be Strong' or Park Yun-jin's 'People in Elancia;' for webtoons, Susabanjang's 'To Die and Go to Heaven' or Goldkiwibird's 'The Blue-eyed Strategist.' The competition is open to everyone who has not received official translation support and has no prior experience publishing Korean literary translations in the target language. For films and webtoons, applicants must have no more than one officially screened, submitted or released work. Winners in each language category will receive 5 million won ($3,400), with additional support for travel expenses for those residing abroad to attend the awards ceremony at the end of the year. Applications will be accepted June 1 through July 31.
