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SK Hynix profits fall by 40 per cent SK Hynix profits fall by 40 per cent
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SK Hynix profits fall by 40 per cent
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Old 27th January 2016, 08:37   #1
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Default SK Hynix profits fall by 40 per cent

The world's second-largest memory chipmaker,SK Hynix posted a $822 million in operating profit for the fourth quarter last year which is down 40.7 percent. Apparently demand for memory chips is sluggish.

In a regulatory filing, the company said it recorded $720 million in net income, down 46.3 percent from a year earlier. Its sales were down 14.2 percent, compared to the previous year.

http://fudzilla.com/news/memory/3978...by-40-per-cent
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