SK Hynix operating loss widens in Q1 as chip downturn worsens

South Korean semiconductor manufacturer posts $2.5bn in red ink

20230426 SK Hynix

SK Hynix and other semiconductor manufacturers are dealing with a slowdown in the industry.  © Reuters

KIM JAEWON, Nikkei staff writer

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.

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