Host > Is that the interpretation of the lawyer now? Anyway, if you summarize th

#SK Hynix ◎ Host > Is that the interpretation of the lawyer now? Anyway, if you summarize the lawyer's interpretation, you didn't hide that I played some kind of role. Even in this recording.

◎ Kim Jung-min > That's right. And this VIP is at the heart of this issue after all. He might be admitting that the suspension of the transfer was made by the VIP. Although the VIP was expressed to change the VIP to Commander Kim Gye-hwan, the VIP turned it on in the end. I released it to the VIP and the VIP eventually made the transfer hold. This is a response that we would welcome.

◎ Host > When this came out, former divisional commander Lim Sung-geun issued a statement. The timing doesn't match. This recording means that this call was made on August 9th. He claimed that the time he resigned and lobbied for life did not match, so how do you accept this?

◎ Kim Jung-min > This is ridiculous to me, too. First of all, there are a lot of statements from Chief Lim Sung-geun. Some of them can be 300 or 400 pages. It's incredible. I feel very tired while reading. Because it's very detailed and I put in a lot of evidence, there were many cases where I got tired while reading it. So, he said, "Wouldn't it have been better to work as a lawyer?" But it's too far from the level of his affidavit he's been writing so far. Because when does this transcript say that I released it to VIP on August 9th? It's so clear that you're talking about what you talked about a long time ago, but it's so clear that you're talking about it now,

◎ Host > I did this before,

◎ Kim Jung-min > That's right. In that transcript, I revealed it to VIP today, so is it resolved? Aren't you talking about the past for a long time? That's why I solved it by revealing it to VIP. What evidence is here that it's not July 31st? Isn't it ridiculous? Isn't it that much more embarrassing? Compared to the sharp objections of Chief Lim Sung-geun, it's too dull and makes no sense at all. So I'm either panicking or not as serious as my argument.

I see a market capitalization of 200 trillion won

2Q24 Preview: Above Consensus

SK Hynix's Q2 FY24 revenue is expected to be KRW 16.85 trillion (YoY +131% and QoQ +36%) and operating profit of KRW 5.62 trillion (YoY surplus conversion, QoQ +95%)

Estimated to Be Above Consensus Currently Upgraded

Both DRAM and NAND continue to have tight supply and demand, with better-than-expected business conditions
Deploying. DRAM's B/G is expected to rise 14% in line with guidance and 21% in price, the same as previous forecast. Shipments are expected to outperform their rivals on the basis of the previous quarter and the start of HBM 3E 8-step supply. NAND's B/G is assumed to be 1% higher than Q1 guidance and the price is 20% higher than previous estimates

It is estimated to be the same as the increase in NAND prices of the same companies, and it is considered a good increase considering that the price increase in the fourth quarter of 2023 and the first quarter of 24 was large due to eSSD. The amount of inventory revocation is estimated to be less than 0.5 trillion won

2024 and 2025 earnings rise again

Compiling this earnings preview report, raising performance for 2024 and 2025 once again

Operating profit for the year 24 was raised from KRW 23.3 trillion to KRW 26.2 trillion, and from KRW 39 trillion to KRW 43.3 trillion in the year 25

The shipping assumption is similar to the previous forecast and is due to the upward revision of the price and exchange rate assumption. NAND's price increase fluctuated more than DRAM, and the exchange rate was raised from KRW 1,311 to KRW 1,351 in '25 years

There is also a possibility that the current estimate will be further raised

The upward variable is 1) the effect of 8th stage HBM 3E in the third quarter of 2023 and the impact of DRAM on Blended ASP 2) the capacity to increase demand due to the launch of AI PCs and the recovery of general server customers

Conversely, the downside risk would be the easing of tight supply and demand, a supply-side variable
It appears to be limited, and is expected to see weak demand due to the global economic downturn <Useless Miscellaneous Thoughts Series>

Why does it matter that Mars has no life, and has never been?

That's because it's likely that we'll never know whether there's life outside the Earth or not.

If we can infer the possibility of life in the solar system with all our knowledge of the celestial bodies in the solar system (except that Mars has no life)

If there was life in the solar system, there would be a 99% chance on Mars. Then there would be 0.9% on Europa and 0.99% on Angelidus. So if Mars didn't have life, it would be pretty much right to say that the solar system didn't have life. (Of course, the sea under Europa's ice is worth a peep.)

If there was no life in the solar system, then it was outer space, which, as we have seen earlier, is so far away that it would be impossible for us to make a direct confirmation of them other than indirect evidence.

After all, life seems more likely to remain a mystery to us than the universe.