SEOUL: Troubled South Korean chipmaker Hynix Semiconductor Inc reported a three-month net loss of 1.05 trillion won (US$875.7mil) yesterday, as a slump in memory chip prices left it in the red for a fourth quarter running.
Hynix, 70% owned by creditors including Korea Exchange Bank, Woori Bank and Citibank, is one of the biggest victims of a protracted slump in memory chip prices, along with Micron Technology Inc of the US.
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