Thursday, January 30, 2020

SK Hynix fourth-quarter profit misses forecasts, hit by prolonged chip downturn

South Korea's SK Hynix , a chip supplier to Apple Inc and Huawei, said on Friday its fourth-quarter operating profit slumped 95%, missing analysts' estimates, as chip prices were hit by oversupply and weaker demand.


from Reuters: Technology News https://ift.tt/2u3JwA1

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