SK Hynix says memory chip recovery has begun; reports Q2 loss

SEOUL :South Korea’s SK Hynix on Wednesday posted a worse-than-expected quarterly operating loss on weak memory chip pricing and demand, but said the market was beginning to recover from a deep downturn. In particular, memory chip demand from corporate buyers and gaming personal computers is expected to incre

SEOUL :South Korea’s SK Hynix on Wednesday posted a worse-than-expected quarterly operating loss on weak memory chip pricing and demand, but said the market was beginning to recover from a deep downturn. In particular, memory chip demand from corporate buyers and gaming personal computers is expected to increase in the second half of the year versus the first, the world’s second-biggest memory chip maker said in a statement.

Via: channelnewsasia.com