[Featured Stock] SK Hynix, D-RAM Market Share Rises Alone ↑

[Image source=Yonhap News]

SK Hynix is soaring over 4% as the market opens. This is interpreted as an expansion of investor sentiment following news that it was the only DRAM company to increase its market share in the second quarter compared to the previous quarter.

As of 9:04 a.m. on the 16th, SK Hynix is trading at 195,600 KRW, up 4.77% (8,900 KRW) from the previous trading day.

According to market research firm TrendForce on the same day, SK Hynix's DRAM market share in the second quarter was 34.5%, up 3.4 percentage points from 31.1% in the first quarter. Among major DRAM companies, SK Hynix was the only one whose market share increased in the second quarter compared to the previous quarter.

TrendForce analyzed that SK Hynix grew as its bit shipments increased by more than 20% due to the certification and mass shipment of its 5th generation product, HBM3E, resulting in approximately a 40% increase in sales.