October 24, 2018 / 11:37 PM / 23 days ago

Chipmaker SK Hynix posts record Q3 profit

SEOUL, Oct 25 (Reuters) - South Korea’s SK Hynix Inc posted record third-quarter operating profit on Thursday, beating expectations thanks to a seasonal sales boost for mobile devices and strong server demand.

The world’s second-biggest memory chipmaker behind Samsung Electronics Co Ltd said July-September profit rose 73 percent year-on-year to 6.5 trillion won ($5.7 billion). That compared with a 6.3 trillion won average forecast drawn from 19 analysts, according to Refinitiv data.

$1 = 1,137.7500 won Reporting by Ju-min Park and Heekyong Yang; Editing by Stephen Coates

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below