The world's second-biggest memory chipmaker on Wednesday posted a 116% jump in Q1 earnings, supported by solid demand from server clients, but slightly missed market expectations due to weaker demand for mobile chips and one-off costs.
SEOUL: South Korea's SK Hynix Inc said it expects solid demand for server chips to offset a drop in personal computer shipments and weaker mobile demand growth, especially in China, after its first-quarter profit more than doubled on a year ago.
The world's second-biggest memory chipmaker on Wednesday posted a 116% jump in Q1 earnings, supported by solid demand from server clients, but slightly missed market expectations due to weaker demand for mobile chips and one-off costs.
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