SK Hynix adds over 2,000 positions last year amid AI boom

SK Hynix Inc. increased its workforce by more than 2,000 last year due to rising demand for memory chips.

SK Hynix Inc. had 34,549 employees at the end of 2025, up 2,159 from a year earlier. Samsung Electronics Co.'s Device Solutions division had 78,064 employees, slightly down from 78,699.

The combined chip-related workforce at the two companies reached 112,613, an increase of 1,554. The rise came amid an unprecedented boom in demand for AI infrastructure.

In May, South Korea lost 40,000 jobs from a year earlier, the first decline in 17 months. Yang Jun-sok, a professor at the Catholic University of Korea, said industries are in a slump except for semiconductors.

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Illustration depicting SK hynix's record Q1 profits from AI demand, with executives and glowing chips in a high-tech boardroom.
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SK hynix posts record Q1 operating profit of 37.61 trillion won

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SK hynix reported record Q1 sales of 52.58 trillion won and operating profit of 37.61 trillion won ($25.42 billion) on Thursday. The figures marked year-on-year increases of 198 percent in sales and 405.5 percent in operating profit, driven by strong AI infrastructure demand. Net profit also hit a record 40.34 trillion won ($27.3 billion).

South Korean chipmakers Samsung and SK Hynix reported combined profits of $59.7 billion for the March 2026 quarter. The figure tops the aggregate earnings of all listed Indian companies in any previous quarter. Strong demand for memory chips tied to artificial intelligence drove the results.

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Samsung Electronics confirmed record Q1 sales of 133.87 trillion won and operating profit of 57.23 trillion won on April 30, slightly beating its earlier guidance of 133 trillion won in sales and 57.2 trillion won in OP. The results, up 69% and 756% year-on-year, were fueled by AI-driven memory chip demand, with net profit jumping over fivefold to 47.22 trillion won.

Samsung Electronics estimated a record first-quarter operating profit of 57.2 trillion won ($37.9 billion) on Tuesday, driven by surging demand for AI chips. The figure marks a 755 percent increase from a year earlier, with sales reaching 133 trillion won for the first time exceeding 100 trillion won. The results surpassed analysts' expectations amid a booming AI sector.

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Unionized workers at Samsung Electronics approved a wage agreement on May 27. The vote eased concerns about potential disruptions to the global supply chain.

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