SK Hynix Inc.’s 000660, -6.22% shares slumped for a second straight session after weak quarterly earnings and the announcement of a drastic output-cut scheme in response to an industry downturn. Read more
Tag: Hynix
SK Hynix adds to evidence that the chip glut is here to stay for a while
SK Hynix Inc. added to concerns Wednesday that the semiconductor industry has entered a glut as the chip maker missed expectations for the quarter and forecast declining market demand out Read more