SK Hynix 2022 Operating Profit Drops 44 Percent Amid Chip Slump
SK Hynix is the second-largest memory chip producer in the world, so its quarterly earnings reports are constantly analyzed for industry trends. Unfortunately for SK Hynix, its Q4 2022 results reflected the overall downward spiral of the PC industry during the second half of 2022. The South Korean company posted its first operating loss in…