Merry times for Hynix semiconductor with its 4th quarter 2009 revenues rising and profit-growth rocketing

Generally revenues for semiconductor companies in 3rd of quarter of every year is expected to grow due to many electronic companies making their products ready for holiday shopping in December and is usually followed by slightly weak 4th quarter. But this year the analysts were taken by surprise where the semiconductor revenues continue to grow in 4th quarter of 2009. The highlight is very-interesting growth in DRAM market; spectacular growth in the range of greater than 30%.

Hynix has announced its 4th quarter 2009 revenue figures. The profit growth curve is following a rocket trajectory.

The consolidated sales of the fourth quarter of fiscal year 2009 totaled 2.8 trillion won (approximate 2.46 billion US$), increased by 32% compared to previous quarter's 2.12 trillion won (approximate 1.8 billion US$). The DRAM and Flash both have grown with ASP (Average Selling Price) rising for DRAM.

Hynix said on quarter over quarter basis DRAM ASP and shipment increased by 26% and 12% respectively, while NAND Flash memory experienced ASP drop of 5% with bit growth of 37%.

A big jump in operating income for the fourth quarter 2009 which has reached 708 billion won (approximate 620 million US$) from 209 billion won (approximate 183 million US$).

On year over year basis consolidated sales of fiscal year 2009 amounted to 7.91 trillion (approximate 6.95 billion US$) won increased by 16% from 6.82 trillion won (approximate 5.99 billion US$) of 2008.

Another Korean memory semiconductor expert Samsung's revenues are not yet out, it can be easily estimated its revenues and profits curves similar to hynix's.