SK Hynix to make deep capex cut; virus spread may threaten chip output

SK Hynix to make deep capex cut; virus spread may threaten chip output

4 years ago
Anonymous $-riAjkQg_1

https://www.reuters.com/article/us-sk-hynix-results/sk-hynix-to-make-deep-capex-cut-virus-spread-may-threaten-chip-output-idUSKBN1ZT385

South Korea's SK Hynix, the world's 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.

SK Hynix to make deep capex cut; virus spread may threaten chip output

Jan 31, 2020, 11:21am UTC
https://www.reuters.com/article/us-sk-hynix-results/sk-hynix-to-make-deep-capex-cut-virus-spread-may-threaten-chip-output-idUSKBN1ZT385 >South Korea's SK Hynix, the world's 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.