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SK hynix reported record third-quarter results on Oct. 28, with operating profit of 83.33 trillion won ($62.8 billion) and revenue of 104.6 trillion won, its first quarter above 100 trillion won, marking six consecutive quarterly records. The company said DRAM and HBM production is effectively sold out through 2029, citing long-term contracts with 14 customers covering over half of capacity for two years, dismissing 'memory peak-out' concerns. It also announced an additional 60 trillion won in shareholder returns, including a 20,000 won per-share dividend, bringing total returns to 100 trillion won this year. The KOSPI surged past 6,000 on the earnings surprise, per Business Korea. Korean media framed the results as a rebuttal to peak-out fears, with Kyunghyang Shinmun noting the CEO's push to reassure the market.