SK Hynix fourth-quarter profit tumbles 95%, hit by prolonged chip downturn - News Daily

advertise

>

Thursday, January 30, 2020

SK Hynix fourth-quarter profit tumbles 95%, hit by prolonged chip downturn

SEOUL (Reuters) - 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 a demand slowdown. SK Hynix, the world's No

The post SK Hynix fourth-quarter profit tumbles 95%, hit by prolonged chip downturn appeared first on Firstpost.



from Firstpost https://ift.tt/37J2vyi

No comments:

Post a Comment