Samsung Electronics and SK Hynix's first-quarter results may fall short of expectations

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Samsung Electronics and SK Hynix are likely to report lower-than-expected first-quarter results this year due to the impact of low prices for general-purpose memory semiconductors. Samsung Electronics' operating profit for the first quarter of this year is expected to be around 5 trillion won, down from 6.6 trillion won in the first quarter of last year and 6.5 trillion won in the fourth quarter of last year. The main reasons are the weakness in memory semiconductor prices and the widening losses of foundry organizations. SK Hynix's first-quarter results are expected to show a similar trend, down more than 1 trillion won from the fourth quarter of last year.