South Korean chipmaker SK Hynix saw Q4 profits leap nearly 90 percent, it said Thursday, fuelled by a pickup in global demand from smartphone manufacturers coupled with rising chip prices.
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.
Taiwan's leading personal computer maker Acer on Wednesday reported a net loss of $11.39 million in the April-June quarter mainly due to increasing expenses on investments and declining gross margins.
South Korean chipmaker SK Hynix on Thursday posted a record second quarter operating profit on the back of robust chip demand and strong semiconductor prices.
South Korean chipmaker SK Hynix Inc. on Wednesday reported its third consecutive quarterly profit as prices for PC memory chips rose.
Memory-chip maker Micron Technology Inc. has agreed to buy Elpida Memory Inc. for approximately $750 million in cash in a deal that would boost its wafer manufacturing capacity by about 50 percent.
(AP) -- Micron Technology Inc. has settled a lawsuit in which Oracle Corp. accused the Idaho memory chipmaker and other companies of artificially inflating prices for microchips.
South Korea's Hynix Semiconductor, the world's second-largest maker of memory chips, said Thursday it swung into the red in the fourth quarter as chip prices fell on weak demand for personal computers.
(AP) -- Amazon.com Inc.'s Kindle Fire tablet, which started shipping this week, costs $201.70 to make, a research firm said Friday. That's $2.70 more than Amazon charges for it.
(AP) -- The personal computer industry, already reeling from depressed demand, has been dealt another setback: Massive flooding in Thailand has curtailed production of a critical component - computer storage drives.