截至13:27，上证科创板半导体材料设备主题指数下跌4.36%。成分股方面，中巨芯领跌8.62%，芯源微 下跌7.89%，神工股份下跌7.19%，华峰测控下跌6.02%，耐科装备下跌6.00%。科创半导体ETF （588170）下跌4.16%，最新报价1.73元。 截至13:30，中证半导体材料设备主题指数下跌4.13%。成分股方面，矽电股份领跌9.65%，中巨芯下跌 8.81%，珂玛科技下跌8.34%，芯源微下跌8.21%，神工股份下跌7.45%。半导体设备ETF华夏 （562590）下跌3.78%，最新报价1.86元。 流动性方面，科创半导体ETF盘中换手8.15%，成交6.67亿元。半导体设备ETF华夏盘中换手4.72%，成 交1.37亿元。 消息面上，美光、SK海力士和三星电子三大内存芯片制造商已加强对客户订单的审查，防止蓄意囤积 库存。这三家公司要求客户披露最终客户和订单量，以确保需求真实可靠，并防止超额预订或过度囤 货，以免进一步扰乱市场。 信达证券指出，AI大模型训练和推理需求的快速增长是此轮存储行业复苏的核心动力，高性能存储产 品需求呈现爆发式增长，其中HBM作为AI服务器的核心配套器件，成为 ...

AI半导体需求激增，韩国科技巨头交出史上最亮丽成绩单。 1月29日，三星电子公布的业绩显示，2025年第四季度营收创下新高纪录。 营业利润同比猛增超200%。其中，芯片业务利润飙升470%。 公司还计划从2026年第一季度量产并向客户交付其HBM4芯片。 周四，三星股价盘初一度上涨2.58%，随后转跌。截至发稿前，跌幅震荡收窄。 芯片利润暴增 三星电子以史上最佳业绩结束了2025年。 财报显示，公司2025年Q4营收93.8万亿韩元，同比增长23.8%，环比增长9%，创下新纪录。 Q4营业利润达20.1万亿韩元，同比飙升209.2%。 这也是三星有史以来最亮眼的季度利润，打破了2018年创下的历史最高纪录。 全年来看，公司实现年营收333.6万亿韩元，营业利润43.6万亿韩元，同比分别增长10.87%和33.3%。 三星电子表示，全球存储器价格上涨以及半导体芯片的强劲需求，是导致业绩创纪录的原因。 其中，半导体业务贡献了集团80%的营业利润，成为绝对核心增长引擎。 半导体部门(DS)Q4营收44万亿韩元，环比增长33%，营业利润16.4万亿韩元，同比暴增465%。 得益于通用DRAM和HBM产品的强劲销售以及 ...

Core Viewpoint - Samsung Electronics reported record operating profit and sales in Q4 2025, driven by strong sales of high-end semiconductor products, including High Bandwidth Memory (HBM), amid the global growth of artificial intelligence (AI) [1][7]. Group 1: Financial Performance - The operating profit for Q4 2025 reached 20.07 trillion KRW (approximately 13.9 billion USD), compared to 6.49 trillion KRW in the same period last year, marking a significant increase [1][7]. - Revenue for the same quarter grew by 23.8% year-on-year, totaling 93.83 trillion KRW [1][7]. - The net profit for Q4 2025 was 19.64 trillion KRW, reflecting a 153.3% increase compared to Q4 2024 [2][8]. Group 2: Business Segments - The Device Solutions (DS) division, responsible for chips, achieved an operating profit of 16.4 trillion KRW in Q4 2025, a record high, significantly up from 2.9 trillion KRW in the previous year, driven by strong sales of general DRAM and HBM products [2][8]. - The Device Experience (DX) division, which includes mobile and TV businesses, reported an operating profit of 1.3 trillion KRW in Q4 2025 [3][9]. - Specifically, the mobile business generated an operating profit of 1.9 trillion KRW, down from 2.1 trillion KRW in the same quarter last year, while the home appliance segment incurred an operating loss of 600 billion KRW, compared to a profit of 2 trillion KRW in Q4 2024, primarily due to global tariff issues [4][10]. Group 3: Annual Performance - For the full year 2025, Samsung Electronics reported a net profit of 45.2 trillion KRW, representing a year-on-year growth of 31.2% [5][11]. - The annual operating profit was 43.6 trillion KRW, up 33.2% year-on-year, with total sales increasing by 10.9% to 333.6 trillion KRW [6][12]. - This marked the first time Samsung's annual operating profit fell below that of SK Hynix, which reported an operating profit of 47.2 trillion KRW for the previous year [6][12].

SK海力士还披露计划在下月注销约价值12.24万亿韩元(约合86亿美元)的库存股，作为提高股东回报的 更广泛努力的一部分。该公司重申正在考虑在美国上市，但尚未就此做出决定。该公司将于周四举行财 报电话会议。另一家存储巨头三星也将于周四公布完整的2025年第四季度业绩。 智通财经APP获悉，得益于人工智能(AI)领域持续强劲的需求同时推高了先进和传统存储芯片的价格， 韩国存储芯片巨头SK海力士公布了创纪录的季度营收和利润。数据显示，SK海力士2025年第四季度营 收同比增长66%至32.827万亿韩元，好于分析师共识预期的32.132万亿韩元;营业利润同比激增137%，至 创纪录的19.2万亿韩元，且超过分析师共识预期的17.7万亿韩元。 SK海力士在英伟达(NVDA.US)等公司设计的AI芯片组所需的高带宽内存(HBM)领域成功建立了令人羡 慕的领先优势，占据了HBM市场61%的份额。SK海力士表示："HBM营收同比增长逾一倍，为公司在 去年的创纪录业绩做出了重大贡献。" 此外，存储芯片行业产能向高端存储产品倾斜(如HBM)挤压了传统存储产品的产能，供应短缺推高了服 务器、个人电脑和移动设备中使用的通用DRA ...

Core Viewpoint - Samsung Electronics' memory division is narrowing the profit gap with SK Hynix, primarily due to a rapid increase in DRAM prices since the second half of last year, benefiting Samsung significantly due to its higher market share in shipments [1][2]. Group 1: Financial Performance - Samsung Electronics reported preliminary sales of 93 trillion KRW and an operating profit of 20 trillion KRW for the last quarter, with the memory semiconductor division's operating profit expected to be in the high range of 17 trillion KRW [1]. - The operating profit for Samsung's memory division nearly doubled from the previous quarter's approximately 8 trillion KRW, driven by severe supply shortages causing prices of DRAM and NAND products to surge [1]. - SK Hynix initially projected an operating profit between 16 trillion to 17 trillion KRW, but due to a stronger-than-expected memory supercycle, the profit could reach at least 18 trillion KRW [1][2]. Group 2: Market Trends - The average selling price (ASP) of DRAM and NAND is expected to rise by approximately 30% [1]. - TrendForce predicts that the average selling price of general DRAM will increase by 55% to 60% quarter-on-quarter in the first quarter of this year [2]. - The memory supercycle in the fourth quarter of last year has led both companies to confirm their best quarterly performances ever, with Samsung's high production of general memory contributing to its rapidly improving profitability [2]. Group 3: Future Outlook - Samsung Electronics is expected to surpass SK Hynix in operating profit for the first quarter of this year due to the anticipated significant rise in general DRAM prices [2]. - Both companies are set to release their fourth-quarter financial reports on the same day, marking a significant event in the semiconductor industry [2].

【TechWeb】1月16日消息，据外媒报道，在通用DRAM价格上涨、人工智能所需的高带宽存储器持续 改善的推动下，三星电子负责半导体业务的设备解决方案部门的业绩也有改善，公司整体的业绩也随之 提升。 而在设备解决方案部门的业绩改善之后，员工也将获得高额的绩效奖励。 外媒在最新的报道中就提到，三星电子在当地时间周 五，已经公布了超额绩效奖励的支付比例，设备解决方 案部门是全年工资的47%，也就是接近半年的工资。 设备体验部门在2025年获得全年工资47%的超额绩效奖 励，较2024年就有大幅增加，当年他们的超额绩效奖励 是全年工资的14%。 外媒在报道中还提到，三星电子设备解决方案部门获得 全年工资47%的超额绩效奖励，适用于旗下的全部业务 团队，包括存储业务、代工业务和系统LSI业务部门。 对于三星电子今年的超额绩效奖励，外媒称将在1月30日发放，届时各业务部门的员工就将收到。（海 蓝） 【TechWeb】1月16日消息，据外媒报道，在通用DRAM价格上涨、人工智能所需的高带宽存储器持续 改善的推动下，三星电子负责半导体业务的设备解决方案部门的业绩也有改善，公司整体的业绩也随之 提升。 而在设备解决方案部门 ...

Group 1 - Samsung Electronics' Device Solutions (DS) department will receive a performance bonus equivalent to 47% of annual salary, a significant increase from last year's 14%, driven by strong performance in DRAM and HBM [1] - The Mobile Experience (MX) division, supported by strong sales of Galaxy S25 and Fold 7, has allocated a 50% dividend rate [1] - Samsung's preliminary results for Q4 show an operating profit of 20 trillion KRW, with approximately 80% (16 to 17 trillion KRW) coming from the DS department [2] Group 2 - SK Hynix will implement a shareholder participation plan for the second consecutive year, linking performance bonuses to stock options, with expected bonuses exceeding 130 million KRW per employee due to strong HBM market performance [3] - The performance bonus system at SK Hynix is expected to increase significantly, with an estimated total bonus of around 135 million KRW per employee based on last year's operating profit of nearly 45 trillion KRW [4] - A proposed amendment to the Commercial Act could potentially cancel or reduce the current bonus system if the bill to revoke treasury bond authorization is passed [5]

Core Insights - South Korea's export growth is increasingly reliant on the semiconductor industry, leading to a polarized export structure despite an overall increase in export value [2][3] - The semiconductor sector is experiencing a historic boom driven by the rise of artificial intelligence (AI), with chip exports reaching a record $152.6 billion, accounting for 28.3% of total exports [3][5] - There are concerns about the sustainability of this semiconductor boom, as any downturn in the market could significantly impact South Korea's economic stability [3][4] Export Performance - In the first 11 months of the year, South Korea's total exports reached $640.2 billion, a 2.9% year-on-year increase, with only 5 out of 15 flagship export items showing growth [2] - The semiconductor, shipbuilding, and biopharmaceutical sectors saw significant growth rates of 19.8%, 28.6%, and 7% respectively, while other sectors like automotive and computing showed minimal growth [2] - A stark decline was observed in 10 other sectors, with machinery down 8.9%, petroleum products down 11.1%, and petrochemicals down 11.7% [2] Semiconductor Industry Outlook - The semiconductor industry is expected to continue expanding, particularly in high-value products like high-bandwidth memory (HBM), but overall export growth is projected to slow from 16.6% this year to 4.7% next year [4] - Analysts have raised profit expectations for major semiconductor companies, with Samsung Electronics and SK Hynix's combined operating profit forecast to approach 200 trillion won [5][6] - The memory semiconductor market is facing a severe supply shortage due to rapidly growing demand, particularly from cloud service providers investing in AI data centers [5] Competitive Landscape - Samsung Electronics is positioned to benefit from its leading DRAM production capacity, while SK Hynix is expected to see significant profit improvements despite facing stricter capacity expansion limitations [6] - The demand for high-bandwidth memory is anticipated to surge as major tech companies develop custom AI chips, further driving growth in the semiconductor sector [6][8]

据韩国《朝鲜日报》11月18日报道，韩国两大半导体企业三星和SK海力士16日宣布将对半导体设 施进行大规模投资。其中，三星电子投资至少60万亿韩元用于平泽5号工厂建设，扩大包括HBM在内的 下一代存储半导体产能，SK海力士在龙仁至少投资128万亿韩元建设4座晶圆厂，提高HBM等高附加值 产品产能。 业界预计，明年三星电子预计营业利润为76.20万亿韩元，SK海力士为70.27万亿韩元。外国证券公 司对明年预计更为乐观，认为三星电子利润将达116.45万亿韩元，SK海力士将达99亿韩元。原因是AI 催生的HBM等需求持续扩大的同时，通用DRAM需求也在持续增加。 （原标题：韩国两大半导体公司营业利润预计将破200万亿韩元） ...

如果您希望可以时常见面，欢迎标星收藏哦~ 来 源 ： 内容 编译自 chosun ，谢谢 。 三星电子和SK海力士于16日宣布，将继续推进大规模半导体设施投资。三星电子将在其平泽园区 启动第五座工厂（P5）的建设，计划于2028年竣工，以扩大下一代存储半导体（例如高带宽内存 （HBM））的产能。预计投资额至少为60万亿韩元。SK海力士将在龙仁半导体产业集群投资至少 128万亿韩元，建设共计四座晶圆厂，同样旨在提高高附加值存储产品（例如HBM）的产能。 这些大规模投资的背后，是人工智能（AI）普及带来的内存需求激增。由于人工智能数据中心和 其他基础设施的扩张，大型科技公司持续面临内存短缺的困境，市场普遍预期三星电子和SK海力 士明年的营业利润将远超今年的两倍。科技行业预测，此次"半导体超级周期"并非每七八年一次的 周期性繁荣，而是由结构性因素引发的史无前例的繁荣。 三星+SK海力士预计明年营业利润将超过200万亿韩元 据 科 技 行 业 和 证 券 公 司 预 测 ， 三 星 电 子 今 年 的 合 并 营 业 利 润 预 计 将 比 上 年 增 长 15.14% ， 达 到 37.6809万亿韩元。SK海力士 ...