SK Hynix says industry woes 'unprecedented', to cut investment | Business and Economy
South Korean chipmaker’s third-quarter profit tumbles 60 percent amid a surge in inflation.
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South Korean chipmaker’s third-quarter profit tumbles 60 percent amid a surge in inflation.
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea's SK Hynix Inc warned on Wednesday of an "unprecedented deterioration" in memory chip demand, deepening fears of global recession, and said it would slash investment
South Korea's SK Hynix Inc warned on Wednesday of an "unprecedented deterioration" in memory chip demand, deepening fears of global recession, and said it would slash investment after quarterly
South Korean flat-screen maker LG Display Co Ltd posted its second consecutive quarterly loss and cut its investment budget, as soaring inflation and a gloomy economic outlook dealt a further blow to
SEOUL (Reuters) - South Korean flat-screen maker LG Display Co Ltd posted on Wednesday its second consecutive quarterly loss, as soaring inflation and...