Most Popular
-
1
Exports to US reach all-time high, widen gap with China
-
2
Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
-
3
[Music in drama] Rekindle a love that slipped through your fingers
![[Music in drama] Rekindle a love that slipped through your fingers](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/01/20240501050484_0.jpg&u=20240501151646)
-
4
S. Korea discussed possible participation in AUKUS Pillar 2 with Australia: defense minister
-
5
[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
![[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/01/20240501050627_0.jpg&u=20240502093000)
![[Music in drama] Rekindle a love that slipped through your fingers](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/01/20240501050484_0.jpg&u=20240501151646)
![[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/01/20240501050627_0.jpg&u=20240502093000)
-
6
Seoul Metro to seek legal action against malicious complaints
-
7
On May Day, labor unions blast Yoon's foreign nanny proposal
-
8
Illit, mired in controversy, remains on Billboard charts for 5th week
-
9
Opposition-led Assembly unilaterally passes bill to probe Marine's death
-
10
[KH Explains] Will alternative trading platform shake up Korean stock market?
![[KH Explains] Will alternative trading platform shake up Korean stock market?](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/01/20240501050557_0.jpg&u=20240501161906)
![[KH Explains] Will alternative trading platform shake up Korean stock market?](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/01/20240501050557_0.jpg&u=20240501161906)
SK Hynix Inc., the world's No. 2 memory chip maker, said Thursday it logged a net loss for the fourth straight quarter as weak cheap prices and currency losses ate into its profit.
Net loss reached 53.3 billion won ($46.4 million) in the April-June period, a sharp turnaround from a 473 billion won profit a year earlier, the company said in a regulatory filing.
Sales slipped 4.6 percent on-year to 2.63 trillion won, and operating profit dropped 94.9 percent to 22.8 billion won.
Operating profit, however, swung to the black from three months earlier when the chip giant suffered an operating loss of 260 billion won.
SK Hynix, which became part of the country's No. 3 conglomerate SK Group in March, vies with bigger rival Samsung Electronics Co.
in the dynamic random access memory (DRAM) chip market and with Japan-based Toshiba Corp. in the NAND flash memory market. (Yonhap News)
Net loss reached 53.3 billion won ($46.4 million) in the April-June period, a sharp turnaround from a 473 billion won profit a year earlier, the company said in a regulatory filing.
Sales slipped 4.6 percent on-year to 2.63 trillion won, and operating profit dropped 94.9 percent to 22.8 billion won.
Operating profit, however, swung to the black from three months earlier when the chip giant suffered an operating loss of 260 billion won.
SK Hynix, which became part of the country's No. 3 conglomerate SK Group in March, vies with bigger rival Samsung Electronics Co.
in the dynamic random access memory (DRAM) chip market and with Japan-based Toshiba Corp. in the NAND flash memory market. (Yonhap News)
![[Today’s K-pop] Stray Kids go gold in US with ‘Maniac’](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=642&simg=/content/image/2024/05/02/20240502050771_0.jpg&u=)