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SK Hynix posts lowest profit in 7 years, warns of growing uncertainties

FILE PHOTO: The logo of SK Hynix is seen at its headquarters in Seongnam
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SEOUL (Reuters) - South Korea's SK Hynix , a chip supplier to Apple Inc and Huawei, on Friday warned of growing uncertainties, after posting its lowest quarterly profit in seven years, hit by a protracted industry downturn. The tech company said it would be cautious about investments despite improvements in demand, joining its bigger rival Samsung Electronics in offering a guarded outlook amid..
Date Published: Jan 31, 2020
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