As memory prices plunge, SK hynix reports a Q4 operating loss of ~$1.4B, its biggest quarterly operating loss yet, vs. ~$900M est., on a 38% YoY drop in revenue (Sohee Kim/Bloomberg)
Sohee Kim / Bloomberg:
As memory prices plunge, SK hynix reports a Q4 operating loss of ~$1.4B, its biggest quarterly operating loss yet, vs. ~$900M est., on a 38% YoY drop in revenue — South Korean chipmaker SK Hynix Inc. reported its biggest quarterly loss on record, due to plunging prices in memory chips as tech demand fell worldwide.
http://www.techmeme.com/230131/p37?utm_source=dlvr.it&utm_medium=blogger#a230131p37
http://www.techmeme.com/230131/p37?utm_source=dlvr.it&utm_medium=blogger#a230131p37