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SK Hynix sees DRAM supply shortage continuing until end-2017

Employee walks past the logo of SK Hynix at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong-Ji

SEOUL (Reuters) - South Korea's SK Hynix Inc 000660.KS on Tuesday said it sees the current DRAM chip supply shortage continuing to the end of this year.

However, the extent of the shortage is likely to ease toward the end of the year, stabilizing pricing, the company said in a conference call.

SK Hynix reported record-high quarterly profit in the January-March quarter on strong demand for memory chips.

Reporting by Joyce Lee

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