Friday, January 31, 2020

SK Hynix to make deep capex cut as virus spread threatens chip output

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.


from Reuters: Technology News https://ift.tt/2S5aOOw

No comments:

Post a Comment

Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...