SK hynix Inc., the world’s second-largest manufacturer of computer memory chips, said Wednesday that it enjoyed a 38 percent rise in its outbound shipments last year, reaching 13 trillion won $12.3 billion.

The company said its exports reached 12.94 trillion won last year, rising 37.8 percent from the 9.39 trillion won posted in 2012, and its sales also surged to 14 trillion won from 10.16 trillion won over the cited period.

SK hynix, formerly Hynix Semiconductor, was taken over in 2012 by SK Group, the country’s third-largest conglomerate.

The chipmaker posted a loss in 2011, but its operating income has surged, hitting more than 3 trillion won for the past two years.

The increase in SK hynix’s exports is largely thanks to its strong market dominance and a rise in chip prices. (Yonhap News)