Interesting question, so I went looking for data. Didn't seen anything about hyperthreading on vs. off in PhotoLab specifically. :-(
I'm inclined to believe what Process Explorer appears to be showing, that all 12 threads are active and working in PhotoLab, because each thread shows a slightly different usage profile.
But if anyone has data showing that processing times are the same with and without hyperthreading enabled I'd be interested to see it.
I'm on my gaming boot drive right now; if I get curious enough I might do some tests tomorrow on the primary boot drive that has PhotoLab, with HT on vs. off.
I'd be curious what you find. From what I've read about Hyperthreads, there are some situations where they improve performance a bit and some situations where their extra overhead actually decreases performance a bit. It is very, very application-specific.
Thank you for making me wonder about this enough to actually do a few tests just now.
This is with the most recent version of DxO PhotoLab 2:
I selected a batch of twelve 42Mp raw images and set the output to 16-bit TIFFs as usual. Hyperthreading was disabled/enabled in the BIOS of the desktop's Gigabyte X299 board.
Prime off, hyperthreading off: 1 minute 9 seconds.
Prime on, hyperthreading off: 9 minutes 15 seconds
Prime off, hyperthreading on: 55 seconds
Prime on, hyperthreading on: 7 minutes 38 seconds
So, if these results are valid, hyperthreading does benefit in this situation, but less than I would have guessed; looks like extra threads aren't as useful as other posters have mentioned extra cores are. Context switching costs, maybe? IDK.
I do not totally trust these results; being the lazy fellow I am, I only ran one set of trials. There may also be other factors involved I didn't consider, so I am not claiming this as being the infallible TRVTH. :-D Data from others would be welcome.