SK Hynix Inc., the world's second largest chipmaker, posted its lowest quarterly profit in three years Tuesday, as slowing computer and smartphone demand hit chip prices.
Slowing global demand for personal computers and smartphones slashed the profits of South Korean semiconductor giant SK Hynix by half in the fourth quarter, the company said Tuesday.
South Korea's SK Hynix Inc., the world's second-largest memory chip maker, announced Tuesday it would spend 46 trillion won (US$38 billion) in facility investments over the next 10 years.
South Korean chipmaker SK Hynix saw its net profit shoot up 61 percent on-year in the first quarter on strong demand for chips for new mobile devices, the company said Thursday.
South Korean chipmaker SK Hynix said Wednesday its profits more than doubled in the fourth quarter to a record high, thanks to the soaring popularity of new mobile devices such as Apple's iPhones.
SK Hynix, the world's second-largest memory chip maker, reported Thursday a record high quarterly net profit for the three months to September on strong sales and currency earnings.
South Korea's SK Hynix Inc said Thursday its first-quarter net profit surged nearly 350 percent from the previous year on a spike in sales of PC memory chips.
Japan's Toshiba has slapped South Korean rival SK Hynix with a lawsuit seeking damages claiming that it received sensitive trade secrets from a Japanese engineer.
South Korean chipmaker SK Hynix Inc. on Wednesday reported its third consecutive quarterly profit as prices for PC memory chips rose.
South Korea's SK Hynix, the world's number two memory chipmaker, "welcomed" Sunday a US court's ruling against rival Rambus that may lower compensation it must pay the US firm following a long-running patent dispute.