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SK hynix sees growth slow in Q3 on price pressure

Wednesday 4 November 2020 | 09:17 CET | News
SK hynix again more than doubled net profit year-on-year in Q3, to KRW 1.078 trillion from KRW 495 billion a year ago, support by a recovery in mobile DRAM demand and the growth in the PC market. Revenue was up 19 percent year-on-year to KRW 8.129 trillion, but fell 6 percent compared to the second quarter due to a slowdown in server DRAM and SSD markets and downward price trends, the company said. 

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