Computer

SK Hynix Posts Record Third-Quarter Profit as Chip Outlook Dims

South Korea’s SK Hynix posted record third-quarter operating profit on Thursday despite softer chip prices, beating expectations thanks to a seasonal sales boost for mobile devices and strong server demand. The world’s No.2 memory chipmaker said July-September operating profit rose 73 percent year-on-year to KRW 6.5 trillion ($5.7 billion). That compared with a KRW 6.3 trillion average forecast from […]