Citrine Analyst: Several institutions including KIS and Citi have lowered SK Hynix's profit outlook

July 29th, Citrini analyst Jukan posted an analysis stating that in the storage chip field, the phrase "Don't easily trust anyone except Korean analysts" is not without reason. He pointed out that Korea Investment & Securities (KIS) is a well-experienced research institution in this field. Not only KIS, but senior analysts from institutions such as Citi and Meritz have also recently lowered SK Hynix's earnings expectations.