FILE PHOTO: The logo of SK Hynix is seen at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong-Ji
SEOUL (Reuters) -SK Hynix forecast steady demand for memory chips on Tuesday as it posted its highest quarterly operating profit in nearly three years on the back of rising prices, striking a more bullish note than rivals including Micron.
SK Hynix and other other chipmakers have been hit by slowing personal computer sales after a pandemic-led surge, but the South Korean company said supply bottlenecks had created pent-up demand for PC chips that could boost sales next year.
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