SEOUL :South Korea's SK Hynix Inc posted a record quarterly operating loss on Wednesday after warning of an 'unprecedented deterioration' in memory chip demand. The world's second-biggest memory chipmaker reported a 1.7 trillion won ($1.38 billion) operating loss in the October-December quarter, from 4.2 tril
SEOUL :South Korea's SK Hynix Inc posted a record quarterly operating loss on Wednesday after warning of an"unprecedented deterioration" in memory chip demand.
The world's second-biggest memory chipmaker reported a 1.7 trillion won operating loss in the October-December quarter, from 4.2 trillion won profit a year earlier.This compares with expectations for a 1.3 trillion won operating loss according to 21 analysts compiled by Refinitiv SmartEstimate, which is weighted toward analysts that are more consistently accurate.On Tuesday, memory chip No.
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