SK Hynix's Q2 operating profit triples on rising chip prices

South Korean chipmaker says it has contingency plan for Huawei risk after UK ban

20200722 SK hynix

A rise in working from home has spurred demand for server chips, which is good news for SK Hynix.  © Kyodo

KIM JAEWON, Nikkei staff writer

SEOUL - SK Hynix's operating profit tripled to 1.9 trillion won ($1.6 billion) in the second quarter from a year ago as rising demand for server chips drove memory chip prices higher.

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