Industrial Manufacturing Logistics & Supply Chain
Samsung and SK Hynix saw strong growth in China in 2024 as chip demand rose
Original from TechNode.com: Samsung and SK Hynix saw strong growth in China in 2024 as chip demand rose

Samsung and SK Hynix saw strong growth in China in 2024 as chip demand rose

Samsung Electronics and SK Hynix experienced significant sales growth in the Chinese market in 2024, largely fueled by China's consumer subsidies and a recovering memory chip sector. Samsung's exports to China surged to KRW 64.93 trillion (approximately $47.59 billion), marking a remarkable 53.9% increase from KRW 42.3 trillion in the previous year. This surge in exports highlights the strong demand for technology products in China and reflects the broader recovery of the semiconductor industry.

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