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

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 trade tensions between the United States and China and the new coronavirus outbreak in China.SK Hynix,..