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Tuesday, October 25, 2022

SK Hynix says chip industry woes "unprecedented", to slash investment

SK Hynix's operating profit fell to 1.66 trillion won ($1.16 billion) in the July-September quarter, from 4.2 trillion won a year earlier. The result was below analysts' expectations of a 1.87 trillion won profit, according to Refinitiv SmartEstimate.

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