SK Hynix warns of more chip price falls, capex cut as trade tensions bite

SK Hynix warns of more chip price falls, capex cut as trade tensions bite

6 years ago
Anonymous $oIHRkISgaL

https://www.reuters.com/article/us-sk-hynix-results/sk-hynix-warns-of-more-chip-price-falls-capex-cut-as-trade-tensions-bite-idUSKCN1MY373

SK Hynix offered a downbeat outlook for semiconductors on Thursday, warning prices of flash memory chips will fall further until early next year from over two-year lows, hit by waning smartphone sales and weaker Chinese demand.

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