SEOUL: Hynix Semiconductor Inc reported yesterday a wider loss for its second quarter, hit by a slump in the price of its bread-and-butter memory chips used in computers, and repeated its commitment to shed non-core assets.
Analysts are betting that the troubled South Korean company's performance bottomed out in the quarter, although they warned that its attempts to return to health had been put further in doubt due to stiff penalties from US and European Union (EU) authorities for alleged dumping.
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