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 Post subject: Hynix reports 6 straight quarterly loss, sees better days
PostPosted: Fri Apr 24, 2009 9:14 am 

Joined: Thu Mar 19, 2009 5:04 pm
Posts: 102
Hynix Semiconductor Inc (000660.KS), the world's second largest memory chip maker, posted its sixth straight quarterly loss on Friday, but expected brighter days ahead as chip prices rebound.

The company reported its first quarter net loss widened to 1.19 trillion won ($894 million) from 674.8 billion won a year earlier. Sales slipped 24 percent to 1.2 trillion won.

Hynix, however, aimed to swing back to profitability within the year with cost cuts and focus on premium DRAM products.

Hynix shares have more than doubled so far in 2009 on hopes for the memory market recovery.


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 Post subject: Re: Hynix reports 6 straight quarterly loss, sees better days
PostPosted: Wed May 15, 2019 6:06 pm 

Joined: Wed Nov 22, 2017 6:55 pm
Posts: 157
no comment


Last edited by aamir786 on Thu May 16, 2019 7:39 pm, edited 1 time in total.

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 Post subject: Re: Hynix reports 6 straight quarterly loss, sees better days
PostPosted: Thu May 16, 2019 2:46 am 

Joined: Thu May 16, 2019 2:35 am
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