Hynix Q2 profit up 143%

Hynix had Q2 gross profits of $1.62 billion and net profit of $1.1 billion on revenue of  $7.2 billion. “Both the company’s revenue and operating income increased by 20% and 143% quarter-over-quarter respectively,” says Hynix said in a statement, “surging demand for server memory maintained favourable memory price while numerous factors including the increase of ...

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