SK hynix's third-quarter revenue topped 100 trillion won for the first time ever, coming in at 104.6 trillion won. Operating profit was 83.3 trillion won, an operating margin of 80%, setting another record.
SK hynix released the third-quarter results on the 28th. In effect, it earned 80 won in profit for every 100 won it sold. However, net profit stayed at 39.8 trillion won, down 58% from the previous quarter. This reflects a foreign exchange loss of 11.6 trillion won from the fall in the exchange rate and a valuation loss on investment assets of 22.9 trillion won. The company forecast that, as AI investment grows, memory demand will exceed supply through 2030. On that basis, it stressed that it will carry out shareholder returns worth 100 trillion won this year, combining cash dividends and the purchase and cancellation of treasury shares.
A fire that started on the afternoon of the 27th in Guryong Village in Seoul burned an area the size of 26 soccer fields and was barely brought under control around dawn on the 28th, 13 hours after it broke out. Strong winds of more than 5 meters per second spread the flames to several parts of the village, and at the firefighting scene, where a second-level response was declared, crews struggled because of a shortage of firefighting water nearby. Thirty-nine people, including residents, evacuated on their own, so the fire did not lead to major casualties. However, one woman in her 30s sprained her leg while fleeing and is receiving hospital treatment. Police and fire authorities have begun a joint inspection to determine the cause of the fire and are questioning the person who reported it and witnesses.
Hacking damage has come to light one after another at Daishin Securities, Mirae Asset Asset Management and the cryptocurrency exchange Bithumb. At Daishin Securities, in addition to the personal information of about 38,000 customers, encrypted securities account numbers and deposit and withdrawal account numbers were found to have been leaked. Mirae Asset Asset Management said it discovered abnormal outside access to some web systems and moved to block it urgently. Bithumb confirmed on the 27th that an outsider had entered its internal mobile system without authorization and taken employee information and other data. The Financial Supervisory Service has sent an emergency on-site inspection team to look into how the incident happened and the scale of the damage. It has not yet been revealed whether this attack used the generative AI that has recently shaken the financial sector.
Senator Bolsonaro, who refused to accept the result after losing Brazil's presidential election, defied a local Supreme Court order barring him from leaving the country and fled to the United States. Two days after losing the election, on the 27th (local time), Bolsonaro boarded a flight to the US with his wife and two daughters. Citing multiple US government sources, US broadcaster CNN reported that Bolsonaro has already set foot on US soil and that President Trump personally authorized his entry. President Lula sharply criticized Bolsonaro's action as shameful. There are views that the incident will hurt not only Brazil's domestic situation but also relations between the US and Brazil.