That topline figure is up 42 percent on the same period a year ago, and down about 11 percent from the corp’s all-time high of ₩19.767 trillion (nearly $14 billion) in the prior quarter.

$14 B of memory in one quarter alone. Companies have definitely been stockpiling parts like there is no tomorrow as a hedge against a new tariff policy. Also worth noting that half of the 2024Q4 quarter was before the US election.