SK Hynix is ​​investing 2.7 billion in the expansion of DRAM- and NAND-memory production

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POSTER: computer news   ||   SK HYNIX IS ​​INVESTING 2.7 BILLION IN THE EXPANSION OF DRAM- AND NAND-MEMORY PRODUCTION	DATE:2016-12-22
Beginning in the fall of this year, the memory manufacturers began to receive significantly increased revenues and profits, and their shares began to rise in price, which was not observed for years.   Thus, it became known today about the company SK Hynix plans to invest in the production of memory 3.16 trillion won (about $ 2.7 billion).  Of this amount, 2.2 trillion won the company will spend on the construction of South Korea's new factory for the production of NAND-flash memory (apparently, 3D NAND).  The remaining 950 billion won will be spent on the expansion of production lines for the production of DRAM-chips on the Chinese company's plant in Wuxi . Demand for memory caused an interest in SK Hynix shares.  In 2016 the company's shares rose by 49% - a record since 2009.  The news of the new investments in the production  this morning added another 2%.  Similar processes occur in stocks of all the major memory manufacturers.  Thus, Toshiba shares rose in price by 78% this year and growing revenue promises to return the company to profitability earlier forecasts.  Micron shares of the company rose by 45%, and sales of the company also promises to bring more than expected.  According to analysts the company HIS, in 2017 revenues of NAND-memory manufacturers will be $ 35.7 billion, equivalent to an annual growth of 5.9%.  In 2016, revenue growth in this sector was 5.7%.   Related Products :

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