SEOUL -- Operating profit at South Korea's SK Hynix doubled in the second quarter from the previous three-month period on strong demand for memory chips amid the coronavirus pandemic.
The world's second-largest memory chipmaker said Tuesday that its operating profit jumped 103% to 2.7 trillion won ($2.3 billion) in the April-June period from January-March, driven by stronger-than-expected demand for DRAM and NAND chips. Revenue soared 22% to 10.3 trillion won during the same period.
