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SK HYNIX Q3 PROFITS SLIP AMIDST FALLING CHIP PRICES; HUAWEI ORDERS PUSH FLAGGING GROWTH

Published On 04 Oct 2020 07:07 AM


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  • SK hynix Inc., South Korea's No. 2 chipmaker, is expected to report mediocre third-quarter earnings in the midst of memory price war, analysts here said Sunday.
  • SK hynix was projected to post 7.9 trillion won ($6.7 billion) in sales in the July-September period, up 15.5 percent from a year earlier.

While operating profit was estimated to soar up by 183 percent on-year to 1.3 trillion won over the period....


Tags : SK Hynix, DRAM, NAND flash chips, won-dollar exchange rates, mobile DRAM prices, Korea’s no2 chipmaker,
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