SEOUL -- SK Hynix's third-quarter operating profit jumped 175% on the year thanks to strong demand for mobile memory chips and key customer Huawei Technologies stockpiling supplies to beat a U.S. crackdown.
South Korea's second-largest chipmaker said Wednesday that its operating profit hit 1.3 trillion won ($1.1 billion) in the July-September period. Revenue rose 19% to 8.1 trillion won during the period, with net profit soaring 118% to 1.1 trillion won.
