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SK Hynix makes a killing
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Old 31st January 2022, 06:37   #1
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Default SK Hynix makes a killing

Expects supply chain issues to improve

South Korean chipmaker SK Hynix said it expects supply chain issues to gradually improve from the second half of the year and demand for memory chips to grow, after booking a four-fold on-year increase in fourth-quarter operating profit.

The world's second-biggest memory chipmaker joined other technology companies including bigger rival Samsung in flagging chip demand growth coupled with lingering supply chain snarls in 2022, as it forecast strong memory chip demand from data centres and other server clients.

"The long-term outlook for high-performance memory products, including server products ... is highly positive," SK Hynix said in an earnings briefing on Friday.

https://fudzilla.com/news/54286-sk-h...akes-a-killing
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