
SK Hynix to make deep capex cut as virus spread threatens chip output
https://www.reuters.com/article/us-sk-hynix-results/sk-hynix-to-make-deep-capex-cut-as-virus-spread-threatens-chip-output-idUSKBN1ZT385
South Korea's SK Hynix, the worlds' No.2 memory chip maker, warned a new virus outbreak in China could pose a threat to chip production and said it would sharply reduce annual investment after posting a steep fall in quarterly profit.