The world's second-largest memory chipmaker said in a regulatory filing that its fourth-quarter net income reached 8 trillion won ($5.6 billion), shifting from a loss of 1.37 trillion won a year earlier, reports Yonhap news agency.

South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would double this year after reporting a record quarterly profit that surpassed its bigger rival Samsung.

SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective trade policies and geopolitical risks.