SEOUL -- SK Hynix announced on Thursday that it recorded a 1.8 trillion won ($1.3 billion) operating loss in the third quarter, leaving the semiconductor maker mired in red for a fourth straight quarter as it struggles to cope with a prolonged memory chip market slump.
Semiconductors
SK Hynix reports $1.3bn Q3 operating loss on chip slump
South Korean chipmaker loses money for fourth straight quarter
SK Hynix says that its chip business is steadily recovering thanks to growing demand for high-performance memory chips, though the company is still losing money. © Reuters
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