Operating profit forecasts for Samsung Electronics and SK hynix have surged in recent months as memory shortages push selling prices above published benchmarks.

Samsung’s FnGuide consensus for second-quarter operating profit rose from 47.85 trillion won (US$31.3 billion) three months ago to 87.15 trillion won (US$57 billion)

The consensus forecast for third-quarter operating profit also increased from 55.52 trillion won (US$36.3 billion) to 104.31 trillion won (US$68.2 billion).

SK Hynix saw a similar revision. Its third-quarter operating profit consensus rose from 45.16 trillion won (US$29.5 billion) three months ago to 75.89 trillion won (US$49.6 billion).

That gap can widen in tight markets because benchmark quotes may not fully capture higher-priced contracts and allocation deals.

TrendForce said suppliers were reallocating capacity toward high-bandwidth memory (HBM) and server applications.

The research firm also said cloud service providers were signing long-term supply agreements (LTAs) agreements at higher prices to secure supply.

TrendForce also said memory suppliers were prioritising server dynamic random-access memory (DRAM) because it was more profitable, suggesting limited near-term relief for broader DRAM and NAND supply.

🔗 Source: The Chosun Daily

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