SK hynix CEO says company on track but warns of rising uncertainties in H2

The head of SK hynix said the Korean chipmaker is on track to meet its business targets for the year but warned that uncertainties are likely to grow in the second half due to evolving U.S. trade policies, industry sources said Wednesday. In a meeting with employees Tuesday, SK hynix Chief Executive Officer (CEO) Kwak Noh-jung said it remains difficult to forecast full-year earnings but noted that the company's performance so far has been in line with its annual goals, according to the sources. He urged employees to work together to meet this year's targets, though he did not provide specific details. Kwak cautioned that the global business environment could face heightened volatility in the second half, citing potential U.S. tariffs on individual semiconductor products. In April, U.S. President Donald Trump announced the implementation of long-promised reciprocal tariffs on imports from countries with trade surpluses with the United States, including a 10 percent baseline duty on all imports. Korean products were subject to a 25 percent reciprocal tariff. While certain sectors, includingWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times