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Chips −2.46% Memory −3.18% Samsung Elec. −0.68%SK hynix −0.14%TSMC −1.53%Kioxia −5.38%Micron −7.00%Nvidia −3.17%Broadcom −2.00% USD/KRW 1,341.5 +0.04%USD/JPY 158.7 +0.47%USD/TWD 32.78 +0.52%

Explainers Samsung & SK hynix

Samsung vs SK hynix: How Korea's Two Memory Giants Differ

Samsung Electronics and SK hynix are Korea's two most valuable companies and both make memory chips, but they are built very differently. One is a group of businesses from chips to phones; the other is almost entirely memory. Here is how they compare, from their own reports.

Samsung Electronics and SK hynix sit side by side in most discussions of Korean stocks and of memory chips. Both make DRAM and NAND flash, both report in calendar quarters, and together they dominate the Korean market. But the two companies are built very differently, and that shows in their results, their shares and how investors read them.

How do they compare at a glance?

Samsung Electronics SK hynix
Businesses reported Four: DS (semiconductors), DX (phones, TVs, appliances), SDC (displays), Harman One: semiconductors
Q3 2026 revenue 195.3 trillion won 104.6 trillion won
Q3 2026 operating profit 107.4 trillion won 83.3 trillion won
Market value, Oct 30, 2026 1,315 trillion won (common shares) 1,036 trillion won
Largest shareholder Samsung Life Insurance SK Square, 20.50%
Share classes Common and non-voting preferred Common
Listings outside Korea GDRs in London ADSs on Nasdaq (SKHY)
Q3 2026 dividend per share 4,601 won 20,000 won

Sources for each row are in the sections below.

What does each company sell?

SK hynix is almost entirely a memory company. Its 2025 business report lists a single segment, semiconductors, whose products are “DRAM, NAND Flash 등” (DRAM, NAND flash and others), making up 100% of its 97.1 trillion won in 2025 revenue. Its main products, the report says, are DRAM, NAND flash and multi-chip packages. It added to its NAND business by buying Intel’s NAND unit, which it completed in March 2025.

Samsung is a group of businesses. It reports four segments: DS (semiconductors, which covers memory, System LSI and foundry), DX (phones, networks, TVs and appliances), SDC (Samsung Display) and Harman. What Samsung Electronics Makes covers each one. Even so, memory dominates its chip business: in the third quarter of 2026, memory was 140.7 trillion won of DS’s 147.1 trillion won in revenue, about 96%, counting sales within the company.

So SK hynix’s results move almost one-for-one with memory, while Samsung’s also carry phones, TVs and displays. In the third quarter of 2026, Samsung’s phone and network business lost 0.6 trillion won while its chip business earned 106.5 trillion won.

How did their latest quarters compare?

Both reported record results for the third quarter of 2026:

Q3 2026 Samsung Electronics (company) Samsung DS (chips) SK hynix
Revenue 195.3 trillion won 147.1 trillion won 104.6 trillion won
Operating profit 107.4 trillion won 106.5 trillion won 83.3 trillion won
Reported on October 29 October 29 October 28

SK hynix said its operating margin was 80% and that revenue passed 100 trillion won for the first time, with HBM4 shipments beginning “in earnest.” Samsung said it was “the world’s first tech company to exceed KRW 100 trillion in quarterly operating profit.” Samsung’s memory revenue, 140.7 trillion won, was larger than SK hynix’s total, though the two figures are not measured the same way: Samsung’s includes sales to its own other businesses. Samsung does not report memory’s operating profit on its own.

For how the two compare in high-bandwidth memory specifically, see How Samsung and SK hynix Compare in HBM.

How big are they in the market?

On October 30, 2026, at KRX closing prices, Samsung’s common shares were worth 1,315.4 trillion won (about US$986 billion) and SK hynix’s 1,035.8 trillion won (about US$776 billion), at the Bank of Korea’s rate of 1,334.3 won per dollar. On our Korea map, which draws the stocks of the KOSPI 200, Samsung was 30.1% of the total value and SK hynix 23.7%. Third was SK Square, SK hynix’s largest shareholder, at 2.7%.

Samsung’s figure counts only its common shares. Its non-voting preferred shares trade separately and add to the company’s total value.

Who owns them, and what share classes are there?

Samsung Electronics had 5,846,278,608 common shares and 802,371,203 non-voting preferred shares issued on June 30, 2026, after canceling shares it had bought back. Its largest shareholder is Samsung Life Insurance. At the end of 2025 Samsung Life held 8.59%, the National Pension Service 7.77% and Samsung C&T 5.05%, and the largest shareholder with its related parties held 19.84% of the common shares. Its global depositary receipts trade in London; How to Buy Samsung Stock Outside Korea explains them and the preferred shares.

SK hynix has one class of shares. Its largest shareholder is SK Square, which held 146.1 million shares, 20.50%, on June 30, 2026, according to the half-year report. SK Square was split off from SK Telecom in 2021 and took over SK Telecom’s stake. Since July 2026, SK hynix’s American depositary shares have traded on Nasdaq as SKHY, ten to one share; SKHY vs 000660 covers how they work.

How do their dividends compare?

Both pay quarterly. For the third quarter of 2026, according to their dividend filings:

Samsung Electronics SK hynix
Dividend per share 4,601 won (common and preferred) 20,000 won
Total 30.0 trillion won 14.1 trillion won
Record date September 30, 2026 November 30, 2026

SK hynix said its 20,000 won includes a 10,000 won special dividend from its gains on its investment in Kioxia, and that it plans shareholder returns of about 100 trillion won for 2026, including at least 30 trillion won in cash dividends and at least 60 trillion won in share buybacks and cancellations.

How do they report results?

Both use calendar quarters but report differently. Samsung publishes a short estimate of sales and operating profit about a week after each quarter and full results about three weeks later; SK hynix reports once. Why Samsung Reports Earnings Twice explains the difference. Samsung released its fourth-quarter 2025 results on January 29, 2026.

For where both fit among the world’s memory makers, see Who Makes What in Memory.

For information only. Not financial advice, and not a recommendation to buy or sell any security. See the Disclaimer.

Sources

  1. Samsung Electronics Announces Third Quarter 2026 Results (October 29, 2026) — Samsung Electronics Newsroom
  2. 3Q 2026 earnings presentation — Samsung Electronics
  3. SK hynix Announces 3Q26 Financial Results (October 28, 2026) — SK hynix Newsroom
  4. SK hynix 2025 business report (사업보고서, March 17, 2026) — Financial Supervisory Service (DART)
  5. SK hynix 2026 half-year report (반기보고서, August 14, 2026) — Financial Supervisory Service (DART)
  6. Samsung Electronics 2026 half-year report (반기보고서, August 14, 2026) — Financial Supervisory Service (DART)
  7. Samsung Electronics 2025 business report (English) — Samsung Electronics
  8. Samsung Electronics quarterly dividend decision (현금ㆍ현물 배당 결정, October 29, 2026) — Financial Supervisory Service (DART)
  9. SK hynix quarterly dividend decision (현금ㆍ현물 배당 결정, October 28, 2026) — Financial Supervisory Service (DART)

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