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 third quarter earnings Tuesday that beat analyst expectations on rising demand from mobile and PC manufacturers and a pickup in semiconductor 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.
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 reported a 65 percent on-year increase in second quarter net profit on Thursday, missing analyst estimates, as slowing demand for personal computers and smartphones dampened memory chip prices.
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 said Thursday its second-quarter net profit tumbled nearly 30 percent from a year ago on falling memory chip prices.