{"id":369,"date":"2026-10-29T12:56:46","date_gmt":"2026-10-29T03:56:46","guid":{"rendered":"https:\/\/www.arphile.net\/?p=369"},"modified":"2026-10-29T12:56:49","modified_gmt":"2026-10-29T03:56:49","slug":"261029-%ec%82%bc%ec%84%b1%ec%a0%84%ec%9e%90-q3-%ec%96%b4%eb%8b%9d%ec%bd%9c-%ec%a0%95%eb%a6%ac","status":"publish","type":"post","link":"https:\/\/www.arphile.net\/?p=369","title":{"rendered":"[261029] \uc0bc\uc131\uc804\uc790 Q3 \uc5b4\ub2dd\ucf5c \uc815\ub9ac"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">1. \ud575\uc2ec \uc774\uc288<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\ubd84\uae30 \uc601\uc5c5\uc774\uc775 100\uc870\uc6d0 \ub3cc\ud30c<\/strong>: \ud68c\uc0ac\ub294 &#8220;\uae00\ub85c\ubc8c IT \uae30\uc5c5 \uc911 \ucd5c\ucd08&#8221;\ub77c\uace0 \ud45c\ud604\ud588\uc74c<\/li>\n\n\n\n<li>\uc601\uc5c5\uc774\uc775\ub960 <strong>55%<\/strong> (\uc804\ubd84\uae30 52%), \uc21c\uc774\uc775 <strong>75.1\uc870\uc6d0<\/strong> (\uc804\ubd84\uae30 \ub300\ube44 +5%)<\/li>\n\n\n\n<li>EPS: \ubcf4\ud1b5\uc8fc <strong>11,462\uc6d0<\/strong>, \uc6b0\uc120\uc8fc <strong>11,492\uc6d0<\/strong> (\uac01\uac01 \uc804\ubd84\uae30 \ub300\ube44 +6%, \uc0ac\uc0c1 \ucd5c\uace0)<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\ud56d\ubaa9<\/th><th>\uae08\uc561\/\ub0b4\uc6a9<\/th><\/tr><\/thead><tbody><tr><td>\ud658\uc728 \ud558\ub77d \uc601\ud5a5 (\ubd80\ud488 \uc0ac\uc5c5 \uc911\uc2ec)<\/td><td>\uc601\uc5c5\uc774\uc775 \uc804\ubd84\uae30 \ub300\ube44 <strong>\uc57d -10\uc870\uc6d0<\/strong><\/td><\/tr><tr><td>MX+\ub124\ud2b8\uc6cc\ud06c \uc601\uc5c5\uc774\uc775<\/td><td><strong>-0.6\uc870\uc6d0 (\uc801\uc790)<\/strong><\/td><\/tr><tr><td>R&amp;D \ube44\uc6a9<\/td><td><strong>14.4\uc870\uc6d0<\/strong><\/td><\/tr><tr><td>3Q \uc2dc\uc124\ud22c\uc790<\/td><td><strong>29\uc870\uc6d0<\/strong> (\uc804\ubd84\uae30 \ub300\ube44 +12.2\uc870\uc6d0)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">2. CEO \ubc1c\ud45c<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>DS<\/strong>: HBM4 \ud310\ub9e4 \ud655\ub300\uc640 \uc11c\ubc84 \uc218\uc694\ub85c \uc5ed\ub300 \ucd5c\ub300 \ubd84\uae30 \uc2e4\uc801\uc744 \ub2e4\uc2dc \uacbd\uc2e0\ud568<\/li>\n\n\n\n<li><strong>DX<\/strong>: \uc2e0\ubaa8\ub378 \ud6a8\uacfc\ub85c \ub9e4\ucd9c\uc740 \uc804\ub144 \ub300\ube44 \ub298\uc5c8\uc9c0\ub9cc \ubd80\ud488 \uc6d0\uac00 \uc0c1\uc2b9 \ubd80\ub2f4\uc774 \uacc4\uc18d\ub428<\/li>\n\n\n\n<li><strong>4Q~2027 \uc804\ub9dd<\/strong>\n<ul class=\"wp-block-list\">\n<li>DS \ud638\uc870\ub85c \uc804\uc0ac \uc131\uc7a5\uc740 \uc774\uc5b4\uc9d0<\/li>\n\n\n\n<li>DX\ub294 \ub9e4\ud06c\ub85c \ubd88\ud655\uc2e4\uc131\uacfc \uc6d0\uac00 \uc0c1\uc2b9 \ubd80\ub2f4\uc774 \uc9c0\uc18d\ub428<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">3. \uc2e4\uc801 \uc138\ubd80 (\ubd80\ubb38\ubcc4)<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uba54\ubaa8\ub9ac<\/strong>\n<ul class=\"wp-block-list\">\n<li>\ube44\ud2b8 \ucd9c\ud558: DRAM \ud55c \uc790\ub9bf\uc218 \ucd08\uc911\ubc18, NAND \ud55c \uc790\ub9bf\uc218 \uc911\ubc18 \uc99d\uac00<\/li>\n\n\n\n<li>ASP: <strong>DRAM +20%, NAND +10%\ub300 \ud6c4\ubc18<\/strong> (\uc804\ubd84\uae30 \ub300\ube44)<\/li>\n\n\n\n<li>HBM4\uc640 \uc11c\ubc84 SSD \ud310\ub9e4\ub97c \ub300\ud3ed \ub298\ub9bc<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\uc2dc\uc2a4\ud15cLSI<\/strong>\n<ul class=\"wp-block-list\">\n<li>\ubaa8\ubc14\uc77c \uc218\uc694\uac00 \uc57d\ud588\uc9c0\ub9cc SoC\uc640 2\uc5b5 \ud654\uc18c \uc13c\uc11c \ud310\ub9e4\ub97c \ub298\ub824 \ub9e4\ucd9c \uc131\uc7a5\uc744 \uc774\uc5b4\uac10<\/li>\n\n\n\n<li>\ubaa8\ubc14\uc77c \ub454\ud654\ub294 4Q\uc640 \ub0b4\ub144\uae4c\uc9c0 \uc9c0\uc18d\ub420 \uc804\ub9dd<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\ud30c\uc6b4\ub4dc\ub9ac<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>4\ub098\ub178 HBM4 \ubca0\uc774\uc2a4\ub2e4\uc774<\/strong>\uc640 \uc120\ub2e8 \uacf5\uc815 \ud310\ub9e4 \ud655\ub300\ub85c \ub9e4\ucd9c\uc774 \ub298\uace0 \uc2e4\uc801\uc774 \ud06c\uac8c \uac1c\uc120\ub428<\/li>\n\n\n\n<li>\ubca0\uc774\uc2a4\ub2e4\uc774 \uacf5\uc815\uc744 STT\ub294 \u201c1\ub098\ub178\u201d\ub85c \ubc1b\uc544 \uc801\uc5c8\uc9c0\ub9cc, Q&amp;A\uc5d0\uc11c 4\ub098\ub178\ub85c \ud655\uc778\ud568<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\ub514\uc2a4\ud50c\ub808\uc774<\/strong>\n<ul class=\"wp-block-list\">\n<li>\uc8fc\uc694 \uace0\uac1d\uc0ac \uc2e0\uc81c\ud488 \uacf5\uae09\uacfc \ud558\uc774\uc5d4\ub4dc \uc81c\ud488 \ud310\ub9e4\ub85c \uc804\ubd84\uae30 \ub300\ube44 \uac1c\uc120\ub428<\/li>\n\n\n\n<li>8.6\uc138\ub300 IT OLED\uc640 QD-OLED \ud310\ub9e4\ub97c \ud655\ub300 \uc911<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>MX<\/strong>\n<ul class=\"wp-block-list\">\n<li>\ub9e4\ucd9c <strong>37.3\uc870\uc6d0<\/strong>\uc73c\ub85c \uc804\ubd84\uae30\u00b7\uc804\ub144 \ub300\ube44 \uc131\uc7a5, \ud3f4\ub354\ube14\uc774 \ud310\ub9e4 \uc218\ub7c9\uacfc \ub9e4\ucd9c \ubaa8\ub450 \uc804\ub144 \ub300\ube44 \ub298\ub9bc<\/li>\n\n\n\n<li>\uba54\ubaa8\ub9ac \uac00\uaca9\uc774 \uc624\ub974\uba74\uc11c \uc911\uc800\uac00 \ud310\ub9e4 \uc218\ub7c9\uc774 \uc904\uc5c8\uc74c<\/li>\n\n\n\n<li>\uc774\uc775\uc740 \uc804\ub144\ubcf4\ub2e4 \uc904\uc5c8\uace0, <strong>MX+\ub124\ud2b8\uc6cc\ud06c \ud569\uc0b0 -0.6\uc870\uc6d0 \uc801\uc790<\/strong><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>VD\/\ud558\ub9cc<\/strong>\n<ul class=\"wp-block-list\">\n<li>TV\ub294 2027\ub144 \uc218\uc694\uac00 \uc815\uccb4\ub418\uac70\ub098 \uc18c\ud3ed \uc904 \uc804\ub9dd<\/li>\n\n\n\n<li>\ud558\ub9cc\uc740 \uc804\uc7a5(\ud3ed\uc2a4\ubc14\uac90 \ud154\ub808\ub9e4\ud2f1\uc2a4 \uacf5\uae09 \ud655\ub300)\uacfc JBL \uc624\ub514\uc624\ub85c \uacac\uc870\ud568<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">4. \uc804\ub9dd<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>CAPEX<\/strong>\n<ul class=\"wp-block-list\">\n<li>2026\ub144 \uc5f0\uac04 <strong>84.4\uc870\uc6d0<\/strong> (\uc804\ub144 \ub300\ube44 +31.7\uc870\uc6d0)<\/li>\n\n\n\n<li>DS <strong>76.8\uc870\uc6d0<\/strong>, \ub514\uc2a4\ud50c\ub808\uc774 <strong>3.9\uc870\uc6d0<\/strong><\/li>\n\n\n\n<li>3Q \ub204\uacc4 56.9\uc870\uc6d0<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\uba54\ubaa8\ub9ac<\/strong>\n<ul class=\"wp-block-list\">\n<li>4Q\uc5d0\ub3c4 AI \uc778\ud504\ub77c\uc640 \uc2e0\uaddc GPU\u00b7CPU \ucd9c\uc2dc\ub85c \uc218\uc694\uac00 \ub298\uc5b4\ub0a0 \uc804\ub9dd<\/li>\n\n\n\n<li>2027\ub144 \ubaa8\ubc14\uc77c\u00b7PC \uc218\uc694\ub294 \uc870\uc815\ub418\uc9c0\ub9cc AI \uc11c\ubc84 \ud22c\uc790\ub294 \ud655\ub300\ub420 \uc804\ub9dd<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>HBM4E<\/strong>: 2027\ub144 \uc0c1\ubc18\uae30 \uc591\uc0b0, \ud558\ubc18\uae30 \ubcf8\uaca9 \ucd9c\ud558<\/li>\n\n\n\n<li><strong>NAND<\/strong>: PCIe Gen6 \uc11c\ubc84 SSD\uc640 256TB QLC \ub4f1 \uace0\uc6a9\ub7c9 \uc81c\ud488\uc744 \uac15\ud654\ud568<\/li>\n\n\n\n<li><strong>\ud30c\uc6b4\ub4dc\ub9ac<\/strong>\n<ul class=\"wp-block-list\">\n<li>\ud558\ubc18\uae30 \uc120\ub2e8 \uacf5\uc815(8\ub098\ub178 \uc774\ud558) <strong>\uac00\ub3d9\ub960 100% \ucd08\uacfc<\/strong><\/li>\n\n\n\n<li>2027\ub144 <strong>HPC \ub9e4\ucd9c \ube44\uc911 50% \ucd08\uacfc<\/strong> \uc804\ub9dd<\/li>\n\n\n\n<li><strong>\ud14c\uc77c\ub7ec 1\uacf5\uc7a5<\/strong>: \ud074\ub9b0\ub8f8\uc744 \uac00\ub3d9\ud558\uace0 \uc7a5\ube44 \ubc18\uc785\uc744 \uc2dc\uc791\ud568. \ub77c\uc778 \uc14b\uc5c5\uc6a9 \uc6e8\uc774\ud37c\ub97c \ud22c\uc785\ud588\uace0 \uc77c\uc815\ub300\ub85c \uc9c4\ud589 \uc911\uc774\uba70, \ucd94\uac00 \uc99d\uc124\ub3c4 \uac80\ud1a0 \uc911<\/li>\n\n\n\n<li>2\ub098\ub178\ub294 HPC\uae4c\uc9c0 \ud655\uc7a5\ud558\uace0, 1.4\ub098\ub178\ub294 \uc77c\ubd80 \uace0\uac1d\uacfc \ud14c\uc2a4\ud2b8\uce69 \uac1c\ubc1c\uc744 \ud655\uc815\ud568<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>MX<\/strong>\n<ul class=\"wp-block-list\">\n<li>4Q \ub9e4\ucd9c\uc740 \uc804\ubd84\uae30\ubcf4\ub2e4 \uc904 \uc804\ub9dd<\/li>\n\n\n\n<li>2027\ub144\uc5d0\ub3c4 \uc6d0\uac00 \uc0c1\uc2b9 \uc555\ubc15\uc774 \uc774\uc5b4\uc838 \ucd5c\uc0c1\uc704 \ubaa8\ub378 \uc911\uc2ec\uc73c\ub85c \uc218\uc775 \uad6c\uc870\ub97c \uac1c\uc120\ud560 \uacc4\ud68d<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">5. \uc7a5\uae30\uacc4\uc57d\/\uc218\uc8fc<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>DRAM LTA<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>\ub300\ud615 \uace0\uac1d 10\uacf3\uacfc \uccb4\uacb0 \uc644\ub8cc<\/strong>, \ub2e4\ub978 \uc8fc\uc694 \uace0\uac1d <strong>10\uacf3\uacfc \ud611\uc0c1 \uc911<\/strong>\uc774\uba70 \uc77c\ubd80\ub294 \ub9c8\ubb34\ub9ac \ub2e8\uacc4<\/li>\n\n\n\n<li>\uacc4\uc57d \uace0\uac1d\uc774 AI \uc5c5\uccb4\uc5d0\uc11c \ubaa8\ubc14\uc77c\u00b7\uc624\ud1a0\ubaa8\ud2f0\ube0c\u00b7\ub124\ud2b8\uc6cc\ud06c\ub85c \ub113\uc5b4\uc9c0\uace0 \uc788\uc74c<\/li>\n\n\n\n<li><strong>2030\ub144\uae4c\uc9c0 \uc0dd\uc0b0\ub2a5\ub825\uc758 60~70%\ub97c LTA\ub85c \ucc44\uc6b0\ub294 \ubaa9\ud45c<\/strong>\uac00 \uac00\uc2dc\ud654\ub418\uace0 \uc788\uc74c<\/li>\n\n\n\n<li>\ub864\ub9c1 \ubc29\uc2dd(\ub9e4\ub144 \uae30\uac04\uc744 \uc5f0\uc7a5)\uc774\uba70, \uc5f0\uc7a5 \uc218\uc694\uac00 \uc608\uc0c1\ubcf4\ub2e4 \ud06c\uac8c \ub9ce\uc74c<\/li>\n\n\n\n<li>\uae30\uc874 \uacc4\uc57d \uad6c\uac04\uc5d0\uc11c\ub3c4 \ucd94\uac00 \uacf5\uae09 \uc694\uccad\uc774 \uc788\uc9c0\ub9cc \uc904 \ubb3c\ub7c9\uc774 \ubd80\uc871\ud568<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>HBM<\/strong>\n<ul class=\"wp-block-list\">\n<li>3Q HBM4 \ub9e4\ucd9c\uc774 \uc804\ubd84\uae30 \ub300\ube44 <strong>3\ubc30 \uc774\uc0c1<\/strong>, HBM \ub0b4 \ube44\uc911\uc740 <strong>\uc57d 60%<\/strong><\/li>\n\n\n\n<li>\uc810\uc720\uc728 \ubaa9\ud45c\ub97c \uc55e\ub2f9\uaca8 \ub2ec\uc131\ud568<\/li>\n\n\n\n<li><strong>2027\ub144 HBM4E \uacf5\uae09 \ubb3c\ub7c9\uc740 \uc804\ub7c9 \uacc4\uc57d \uc644\ub8cc<\/strong><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\ud30c\uc6b4\ub4dc\ub9ac<\/strong>\n<ul class=\"wp-block-list\">\n<li>\ub300\ud615 CSP\uc640 AI\u00b7HPC \uace0\uac1d\uc758 2\ub098\ub178 \uacfc\uc81c\ub97c \uc218\uc8fc\ud568<\/li>\n\n\n\n<li>\uc62c\ud574 2\ub098\ub178 \uc218\uc8fc \uacfc\uc81c \uc218\uac00 <strong>\uc804\ub144 \ub300\ube44 2\ubc30 \uc774\uc0c1<\/strong><\/li>\n\n\n\n<li>\ub300\ud615 \uace0\uac1d\uacfc LTA \ud30c\ud2b8\ub108\uc2ed\uc744 \ucd94\uc9c4 \uc911<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">6. \uc8fc\uc8fc\ud658\uc6d0\/\uc7ac\ubb34<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>3Q \ubc30\ub2f9\uc740 \uc8fc\ub2f9 <strong>4,601\uc6d0<\/strong> (\ubcf4\ud1b5\uc8fc\u00b7\uc6b0\uc120\uc8fc \ub3d9\uc77c, \uc815\uaddc\ubc30\ub2f9 376\uc6d0 \ud3ec\ud568)\n<ul class=\"wp-block-list\">\n<li>\ucd1d <strong>30\uc870\uc6d0<\/strong> \uaddc\ubaa8\uc774\uace0 <strong>11\uc6d4 \uc911 \uc9c0\uae09<\/strong><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>2026\ub144 \uc8fc\uc8fc\ud658\uc6d0 \ucd1d\uc561\uc740 <strong>90~110\uc870\uc6d0<\/strong>\n<ul class=\"wp-block-list\">\n<li>\uc774\ubbf8 \uc9d1\ud589\ud55c \uae08\uc561\uacfc \uc774\ubc88 30\uc870\uc6d0 \ubc30\ub2f9\uc744 \ube7c\uba74 \ub0a8\uc740 \uc7ac\uc6d0\uc740 <strong>55~75\uc870\uc6d0<\/strong><\/li>\n\n\n\n<li>\ub0a8\uc740 \uc7ac\uc6d0\uc740 \ud604\uae08\ubc30\ub2f9\uacfc <strong>\ub300\uaddc\ubaa8 \uc790\uc0ac\uc8fc \ub9e4\uc785\u00b7\uc18c\uac01<\/strong>\uc5d0 \uc500<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>\ubcf4\ud1b5\uc8fc\uc640 \uc6b0\uc120\uc8fc\uc758 \uac00\uaca9 \ucc28\uc774\ub97c \uc758\uc2dd\ud574 <strong>\uc790\uc0ac\uc8fc \ub9e4\uc785 \uc2dc \uc6b0\uc120\uc8fc \ube44\uc911\uc744 \ub298\ub9ac\ub294 \ucabd\uc73c\ub85c \uc870\uc815<\/strong>\ud558\uaca0\ub2e4\uace0 \ud568<\/li>\n\n\n\n<li><strong>2027\ub144 \uc774\ud6c4 \uc8fc\uc8fc\ud658\uc6d0 \uc815\ucc45\uc740 2027\ub144 1\uc6d4 \uc774\uc0ac\ud68c\uc5d0\uc11c \ud655\uc815<\/strong><\/li>\n\n\n\n<li>\ud658\uc728 \ub300\uc751: \ud30c\uc0dd\uc0c1\ud488 \ub300\uc2e0 \uc0dd\uc0b0\u00b7\ud310\ub9e4\ub97c \uc5ec\ub7ec \ub098\ub77c\uc5d0 \ub450\ub294 \uad6c\uc870\ub85c \ud658\uc704\ud5d8\uc744 \uc0c1\uc1c4\ud558\uace0(\ub0b4\ucd94\ub7f4 \ud5e4\uc9c0), \ub2ec\ub7ec\ub97c \ubbf8\ub9ac \ub9e4\uac01\ud568<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">7. \uc9c8\uc758\uc751\ub2f5 \ud575\uc2ec<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\uc9c8\ubb38\uc790<\/th><th>\uc9c8\ubb38<\/th><th>\ub2f5\ubcc0 \uc694\uc57d<\/th><\/tr><\/thead><tbody><tr><td>KB\uc99d\uad8c(?)<\/td><td>2028\ub144 \uba54\ubaa8\ub9ac \uc218\uae09<\/td><td>2027\ub144\uc5d0 \uc774\uc5b4 <strong>2028\ub144\uc5d0\ub3c4 \uacf5\uae09 \ubd80\uc871 \uc9c0\uc18d<\/strong> \uc804\ub9dd. CAPEX \uc99d\uac00\ubd84\uc740 \uc0c8 \uacf5\uac04 \ud655\ubcf4\uc640 \uac74\uc124\ube44 \ube44\uc911\uc774 \ud06c\uace0 \ub9ac\ub4dc\ud0c0\uc784\uc774 \uae38\uc5b4 2028\ub144 \uc6e8\uc774\ud37c \uc0dd\uc0b0 \uc99d\uac00\ub85c \uc774\uc5b4\uc9c0\uae30 \uc5b4\ub824\uc6c0. \uc7a5\ube44 \uacf5\uae09\uc5d0\ub3c4 \uc81c\uc57d\uc774 \uc788\uc74c<\/td><\/tr><tr><td>\uba54\ub9ac\uce20 \uae40\uc120\uc6b0<\/td><td>LTA \ud604\ud669<\/td><td>DRAM \ub300\ud615 \uace0\uac1d 10\uacf3 \uccb4\uacb0, 10\uacf3 \ud611\uc0c1 \uc911. 2030\ub144 \uc0dd\uc0b0\ub2a5\ub825\uc758 60~70%\ub97c LTA\ub85c \ucc44\uc6b0\ub294 \ubaa9\ud45c\uac00 \uac00\uc2dc\ud654\ub428. \uc5f0\uc7a5 \uc218\uc694\uac00 \uc608\uc0c1\uc744 \ud06c\uac8c \uc6c3\ub3d4<\/td><\/tr><tr><td>\uace8\ub4dc\ub9cc\uc0ad\uc2a4<\/td><td>\ud30c\uc6b4\ub4dc\ub9ac \ub300\ud615 \uace0\uac1d, \ud3f4\ub354\ube14 \ud328\ub110<\/td><td>2\ub098\ub178 \uacfc\uc81c \uc218 2\ubc30 \uc774\uc0c1, \ub0b4\ub144 HPC \ube44\uc911 50% \ucd08\uacfc. 2027\ub144 \ud3f4\ub354\ube14 \ud328\ub110 \uc218\uc694 \uc99d\uac00 \uc9c0\uc18d<\/td><\/tr><tr><td>\uc2dc\ud2f0<\/td><td>HBM \uc2e4\uc801, 2027\ub144 \ud611\uc0c1<\/td><td>HBM4 \ub9e4\ucd9c 3\ubc30 \uc774\uc0c1, \ube44\uc911 60%, \uc810\uc720\uc728 \ubaa9\ud45c \uc870\uae30 \ub2ec\uc131. <strong>2027\ub144 HBM4E \ubb3c\ub7c9 \uc804\ub7c9 \uacc4\uc57d<\/strong><\/td><\/tr><tr><td>JP\ubaa8\uac74<\/td><td>AI NAND, MX \uc218\uc775\uc131<\/td><td>\uc5d0\uc774\uc804\ud2f1 AI\ub85c KV \uce90\uc2dc\uac00 \uae09\uc99d\ud574 \uace0\uc6a9\ub7c9 TLC\u00b7QLC \uc11c\ubc84 SSD \uc218\uc694\uac00 \ub298\uc5b4\ub0a8. MX\ub294 2027\ub144\uc5d0\ub3c4 \uba54\ubaa8\ub9ac \uc6d0\uac00 \uc555\ubc15\uc774 \uc774\uc5b4\uc838 \ucd5c\uc0c1\uc704 \ubaa8\ub378 \uc911\uc2ec\uc73c\ub85c \ub300\uc751<\/td><\/tr><tr><td>BofA<\/td><td>\ud30c\uc6b4\ub4dc\ub9ac \uc99d\uc124<\/td><td>\uc99d\uc124 \uc18d\ub3c4\uac00 \uc218\uc694\ub97c \ubabb \ub530\ub77c\uac10. \ubbf8\uad6d\u00b7\uad6d\ub0b4 \uc2e0\uaddc \ud339\uacfc \uc5b4\ub4dc\ubc34\uc2a4\ub4dc \ud328\ud0a4\uc9d5 \ud22c\uc790 \ud655\ub300. \ud14c\uc77c\ub7ec Fab1 \uc77c\uc815\ub300\ub85c \uc9c4\ud589<\/td><\/tr><tr><td>SK \ud55c\ub3d9\ud76c<\/td><td>\ud658\uc728 \ub300\uc751, \uc2dc\uc2a4\ud15cLSI<\/td><td>\ub0b4\ucd94\ub7f4 \ud5e4\uc9c0\uc640 \ub2ec\ub7ec \uc870\uae30 \ub9e4\uac01\uc73c\ub85c \ub300\uc751. \uc5d1\uc2dc\ub178\uc2a4 2700 \uc131\ub2a5 \uac15\ud654, \ucee4\uc2a4\ud140 SoC \uc2e0\uaddc \uc218\uc8fc \ucd94\uc9c4<\/td><\/tr><tr><td>\ub2e4\uc774\uc640<\/td><td>\ud30c\uc6b4\ub4dc\ub9ac \ub85c\ub4dc\ub9f5, \ud3f4\ub354\ube14 \uacbd\uc7c1<\/td><td>1.4\ub098\ub178 \ud14c\uc2a4\ud2b8\uce69 \ud655\uc815. \uc131\uc219 \uacf5\uc815\uc740 \uc218\uc775\uc774 \ub0ae\uc740 \ub178\ub4dc\ub97c \uc815\ub9ac\ud558\uace0 5\u00b78\u00b714\u00b717\ub098\ub178 \uc2a4\ud398\uc15c\ud2f0\uc5d0 \uc9d1\uc911. \ud3f4\ub354\ube14\uc740 \ub77c\uc778\uc5c5 \ud655\ub300\uc640 \uae08\uc735 \ud504\ub85c\uadf8\ub7a8\uc73c\ub85c \ub300\uc751<\/td><\/tr><tr><td>\ub300\uc2e0 \uad8c\uc774\uc2ac<\/td><td>\ud558\ub9cc<\/td><td>\uc804\uc7a5(\ud3ed\uc2a4\ubc14\uac90 \ud154\ub808\ub9e4\ud2f1\uc2a4)\uacfc JBL \uc624\ub514\uc624 \ud638\uc870, \ube44\uc6a9 \ud6a8\uc728\ud654\ub85c \uc218\uc775\uc131 \ubc29\uc5b4<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>1. \ud575\uc2ec \uc774\uc288 \ud56d\ubaa9 \uae08\uc561\/\ub0b4\uc6a9 \ud658\uc728 \ud558\ub77d \uc601\ud5a5 (\ubd80\ud488 \uc0ac\uc5c5 \uc911\uc2ec) \uc601\uc5c5\uc774\uc775 \uc804\ubd84\uae30 \ub300\ube44 \uc57d -10\uc870\uc6d0 MX+\ub124\ud2b8\uc6cc\ud06c \uc601\uc5c5\uc774\uc775 -0.6\uc870\uc6d0 (\uc801\uc790) R&amp;D \ube44\uc6a9 14.4\uc870\uc6d0 3Q \uc2dc\uc124\ud22c\uc790 29\uc870\uc6d0 (\uc804\ubd84\uae30 \ub300\ube44 +12.2\uc870\uc6d0) 2. CEO \ubc1c\ud45c 3. \uc2e4\uc801 \uc138\ubd80 (\ubd80\ubb38\ubcc4) 4. \uc804\ub9dd 5. \uc7a5\uae30\uacc4\uc57d\/\uc218\uc8fc 6. \uc8fc\uc8fc\ud658\uc6d0\/\uc7ac\ubb34 7. \uc9c8\uc758\uc751\ub2f5 \ud575\uc2ec \uc9c8\ubb38\uc790 \uc9c8\ubb38 \ub2f5\ubcc0 \uc694\uc57d KB\uc99d\uad8c(?) 2028\ub144 \uba54\ubaa8\ub9ac \uc218\uae09 2027\ub144\uc5d0 \uc774\uc5b4 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[38],"tags":[48,94,100],"class_list":["post-369","post","type-post","status-publish","format-standard","hentry","category-38","tag-48","tag-94","tag-100"],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"blogsy-small":false,"blogsy-small-tall":false,"blogsy-small-square":false,"blogsy-small-masonry":false,"blogsy-medium":false,"blogsy-medium-masonry":false,"blogsy-large":false,"blogsy-wide":false},"uagb_author_info":{"display_name":"Arphile","author_link":"https:\/\/www.arphile.net\/?author=1"},"uagb_comment_info":0,"uagb_excerpt":"1. \ud575\uc2ec \uc774\uc288 \ud56d\ubaa9 \uae08\uc561\/\ub0b4\uc6a9 \ud658\uc728 \ud558\ub77d \uc601\ud5a5 (\ubd80\ud488 \uc0ac\uc5c5 \uc911\uc2ec) \uc601\uc5c5\uc774\uc775 \uc804\ubd84\uae30 \ub300\ube44 \uc57d -10\uc870\uc6d0 MX+\ub124\ud2b8\uc6cc\ud06c \uc601\uc5c5\uc774\uc775 -0.6\uc870\uc6d0 (\uc801\uc790) R&amp;D \ube44\uc6a9 14.4\uc870\uc6d0 3Q \uc2dc\uc124\ud22c\uc790 29\uc870\uc6d0 (\uc804\ubd84\uae30 \ub300\ube44 +12.2\uc870\uc6d0) 2. CEO \ubc1c\ud45c 3. \uc2e4\uc801 \uc138\ubd80 (\ubd80\ubb38\ubcc4) 4. \uc804\ub9dd 5. \uc7a5\uae30\uacc4\uc57d\/\uc218\uc8fc 6. \uc8fc\uc8fc\ud658\uc6d0\/\uc7ac\ubb34 7. \uc9c8\uc758\uc751\ub2f5 \ud575\uc2ec \uc9c8\ubb38\uc790 \uc9c8\ubb38 \ub2f5\ubcc0 \uc694\uc57d KB\uc99d\uad8c(?) 2028\ub144 \uba54\ubaa8\ub9ac \uc218\uae09 2027\ub144\uc5d0 \uc774\uc5b4&hellip;","_links":{"self":[{"href":"https:\/\/www.arphile.net\/index.php?rest_route=\/wp\/v2\/posts\/369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.arphile.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.arphile.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.arphile.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.arphile.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=369"}],"version-history":[{"count":1,"href":"https:\/\/www.arphile.net\/index.php?rest_route=\/wp\/v2\/posts\/369\/revisions"}],"predecessor-version":[{"id":370,"href":"https:\/\/www.arphile.net\/index.php?rest_route=\/wp\/v2\/posts\/369\/revisions\/370"}],"wp:attachment":[{"href":"https:\/\/www.arphile.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.arphile.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.arphile.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}