![[News] Intel Reportedly Collaborates with 14 Japanese Companies to Develop Semiconductor Backend Process Technology](https://mochipop.net/wp-content/uploads/2024/01/11142447/Intel-Oregon-Moore-Park-at-RA-1.jpg.rendition.intel_.web_.1648.927-624x351.jpg)
South Korea- based home entertainment titan HYBE has actually released its incomes for Q4 and FY 2023.
According to the brand-new financier declaring, HYBE’s yearly revenues expanded 22.6% YoY to 2.178 trillion South Korea Won in 2014.
That complete income haul for FY 2023 transforms to USD $1.66 billion at the typical yearly currency exchange rate.
The business’s EBITDA in 2023 was 390 billion South Korean won ( USD $298m).
Revenues produced by the business’s taped songs service expanded 75.8% YoY, from 551.98 billion South Korea won ($ 427.31 m) in 2022 to 970.46 billion South Korea Won ( USD $742m) in 2014.
The greatest motorist of HYBE’s revenues in 2023 nonetheless was its ‘Artist Direct Involvement‘ business line, which generated 1.471 trillion South Korea Won ($1.125bn) and was up 51.4% YoY (see below).
Meanwhile, HYBE’ s Artist Indirect Involvement service line (its third-largest income resource in 2023), which …
