SK Hynix to make deep capex cut; virus spread may threaten chip output
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SEOUL (Reuters) - 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.The spread of coronavirus, which has killed more than 200 people and infected nearly 10,000 worldwide, threatens to hit the global economy. Manufacturers have suspended production in China and airlines cancelled flights, disrupting supply..