SEOUL (Reuters) – SK Hynix, the world’s No.2 memory chip maker, posted a 66% jump in first-quarter profit as continued stay-at-home demand for devices in the coronavirus pandemic drove strong appetite for chips.
The South Korean company, which counts Apple Inc among its customers, reported an operating profit of 1.3 trillion won ($1.17 billion) in January-March, up from 800 billion won a year earlier.
($1 = 1,113.1700 won)
(Reporting by Joyce Lee; Editing by Himani Sarkar)
