Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

SK Hynix (000660 KS) Tactical Outlook: Consolidation Dip As Entry Point Before ADR-Driven Re-Rating

OpenAI Misses Internal Sales and Active Users Goals - Impact on Samsung Electronics and SK Hynix

Launch of Samsung Electronics and SK Hynix 2x Single-Stock Leveraged ETFs as Early as 22 May

SK Hynix To Announce ADR Listing at AGM? (Positives of ADR Listing Vs Negatives of Share Dilution)

Labor Union of Samsung Electronics to Force Shut Down Starting 21 May?

Samsung Electronics - Pays Out Special Dividend & Consensus Likely to Raise DPS by 30%+ for 2026

Douglas Research Advisory

Equity Bottom-Up

<ul>
<li>SK Hynix (000660 KS) reported slightly better than expected sales and operating profit in 1Q 2026. Operating margin surged from 42.2% in 1Q 2025 to 71.5% in 1Q 2026.</li>
<li>Post 1Q 2026 results, I do not expect the consensus to make material changes to SK Hynix's sales and operating profit estimates in the next two years.</li>
<li>SK Hynix also predicted that the supply-demand imbalance would not be easily resolved, anticipating that HBM demand will exceed supply for the next three years.</li>
</ul>


SK Hynix (000660 KS) reported slightly better than expected sales and operating profit in 1Q 2026. Operating margin surged from 42.2% in 1Q 2025 to 71.5% in 1Q 2026.
Post 1Q 2026 results, I do not expect the consensus to make material changes to SK Hynix's sales and operating profit estimates in the next two years.
SK Hynix also predicted that the supply-demand imbalance would not be easily resolved, anticipating that HBM demand will exceed supply for the next three years.


SK Hynix

SK Hynix: Record Results in 1Q 2026