South Korea's SK Hynix Inc said production cuts by memory chipmakers will improve market conditions from the second half of 2023, after it reported a record quarterly operating loss on Wednesday. The firm's loss widened as a global economic slowdown worsened a memory chip glut during the first quarter, prompting sluggish demand and falling prices, SK Hynix said.
from Gadgets Now https://ift.tt/CHLj2ae
Subscribe to:
Post Comments (Atom)
Maruti Suzuki announces price protection for small cars booked till June 14
Maruti Suzuki India is offering price protection on its small car range until June 14, 2026. This initiative aims to shield entry-level buye...
-
Mahindra, in collaboration with Warner Bros. Discovery, has launched the limited-run BE 6 Batman Edition electric SUV, inspired by Christoph...
-
At present, the carmaker has tied up with 20 partners across vehicle needs, mobility services and lifestyle companies to offer exclusive ben...
-
PUBG Mobile developer has expressed concern and surprise over the recent ban and arrest of 10 college students in Rajkot, Gujarat, for playi...
No comments:
Post a Comment