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SK Hynix profits fall 69% in Q1

2019-04-25 9 Dailymotion

SK하이닉스 1분기 영업이익 3분의 1 수준 급감<br /><br />Profits at the world's second biggest memory chip maker, SK hynix plunged by than two-thirds in the first quarter on falling prices and weaker demand.<br />SK hynix says its profits came to 1-point-two billion U.S. dollars between January and March, down 69 percent on-year, making it the lowest figure in more than two years. <br />Revenue dropped 22 percent. <br />The company said, however, that it expects recovery in memory chips later this year due to rising demand from data centers. <br />

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