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SK hynix to surpass Intel to become No. 3 global chipmaker in Q3: report

By Yonhap News Agency

12 Sept 2024

SEOUL, Sept. 18 (Yonhap) -- SK hynix Inc., a major South Korean chipmaker, will likely outperform U.S. semiconductor manufacturer Intel Corp. in terms of sales for the first time in the third quarter, a report showed Wednesday.

SK hynix is expected to post a fresh high of US$12.8 billion in revenue in the July-September period to outstrip Intel to become the third-largest chipmaker in the world, according to market analyst Omdia.

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