SK Hynix warned on Thursday that demand for chips will remain volatile, while restrictions on global movement, if prolonged, could disrupt production, sales and product development across the industry.
"There are a lot of uncertainties about the outlook for supply and prices for servers in the second half," Cha Jin-seok, SK Hynix's chief financial officer, told a conference call. SK Hynix said shipments of DRAM chips, used in smartphones, PCs and servers, to remain flat in the current quarter from the previous quarter.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AT&T misses revenue estimates as coronavirus weighs on businessAT&T Inc's first-quarter revenue fell short of Wall Street expectations and the company pulled its annual forecast on Wednesday, as the impact of ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Kimberly-Clark's tissue sales surge 13per cent, suspends annual forecastKimberly-Clark Corp on Wednesday suspended its forecast for the year and said sales of tissue rose 13per cent in the first quarter as consumers ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
AT&T pulls 2020 financial forecast as coronavirus clouds businessAT&T Inc's first-quarter revenue fell short of Wall Street expectations and the company pulled its annual forecast on Wednesday, as the impact of ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Las Vegas Sands posts first-quarter loss on coronavirus woesCasino operator Las Vegas Sands Corp reported a loss for the first quarter compared to a year-ago profit, as the coronavirus-induced lockdown ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Baker Hughes quarterly adjusted profit falls 8per centOilfield services provider Baker Hughes Co reported an 8per cent fall in first-quarter adjusted profit on Wednesday and booked over US$16 ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Marathon Petroleum warns of loss, up to US$7.8 billion hit on oil routMarathon Petroleum Corp , the largest U.S. oil refiner, warned on Wednesday of a first-quarter loss on a roughly US$7.8 billion write-down from a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »