SEOUL -- South Korean chipmaker SK Hynix's operating loss widened to 3.4 trillion won ($2.5 billion) in the first quarter as the company struggles to cope with a deepening downturn in the global semiconductor industry.
The world's second-largest DRAM producer also announced on Wednesday that its revenue dropped 58.1% to 5.1 trillion won for the January to March period from a year ago. SK Hyinx's operating loss grew versus the fourth quarter of 2022, when it reached 1.9 trillion won.
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