SEOUL (AP) - Hynix Semiconductor Inc. said Thursday third-quarter profit plunged, falling 56 percent on a failure to achieve cost-cutting targets and amid a slump in memory chip prices.
Hynix Semiconductor, the world's second-largest memory chip maker, earned 168 billion won (US$182.9 million; euro128.8 million) in the three months ended Sept. 30, the company said in a regulatory filing.
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