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SK Hynix Q2 net profit more than doubles on computing demand

Thursday 23 July 2020 | 09:29 CET | News
SK Hynix saw its net profit more than double year-on-year to KRW 1.264 trillion in the second quarter, as strong demand in the market for server memory and SSDs offset the weaker smartphone market. Revenues rose 33 percent year-on-year and were 20 percent higher than the previous quarter, at KRW 8.607 trillion. Operating profit tripled compared to a year earlier, to KRW 1.947 trillion. 

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Categories: Mobile & Wireless
Companies: SK Hynix
Countries: World
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