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SK hynix Flags Losses for 3rd Consecutive Quarter, Sees Market Bottoming Out
koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.
SK Hynix says memory chip recovery has begun, flags robust AI demand
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
SK hynix Inc. said Wednesday it logged losses for three quarters in a row as a demand slump continued amid macroeconomic woes, but it called the bottom on the chip market. The world's second-largest memory chip maker said in a regulatory filing its operating losses amounted to 2.88 trillion won (US$2.25 billion) in the April-June period, compared with a profit of 4.19 trillion won a year ago. Net losses came to .
SEOUL (Reuters) South Korea's SK Hynix said on Wednesday the memory chip market was beginning to recover from a deep downturn amid robust arti
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