SK Hynix profits fall

SK Hynix has announced consolidated revenues increased 8% sequentially to KRW3.94 trillion (US$3.47 billion) in the second quarter of 2016 thanks to "increased product shipments beyond expectation, courtesy of memory demand recovery." However, due to falling prices of memory chips, SK Hynix' operating profits decreased 19% on quarter.

from DIGITIMES: IT news from Asia http://ift.tt/2aq6qWp
via Yuichun