Hynix takes $2.6bn Q1 loss

“The memory market, which is still under tough conditions, seems to be bottoming out,” said CFO Kim Woohyun.Hynix takes $2.6bn Q1 loss

“We expect revenue to rebound in the second quarter after bottoming out in the first, driven by a gradual increase in sales volume,” said a Hynix company statement.

The company expects the memory market to improve in H2.

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