SK Hynix results down sharply in Q2 as trade tensions dent demand

Thursday 25 July 2019 | 10:52 CET | News
SK Hynix reported a sharp fall in Q2 results, as the global trade tensions led to delayed orders and price pressure. Revenues fell 5 percent from the first quarter as a faster-than-expected drop in prices offset volume growth. On an annual basis, revenues were down 38 percent to KRW 6.452 trillion.

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