As memory prices plunge, SK hynix reports a Q4 operating loss of ~$1.4B, its biggest quarterly operating loss yet, vs. ~$900M est., on a 38% YoY drop in revenue (Sohee Kim/Bloomberg)

Sohee Kim / Bloomberg: As memory prices plunge, SK hynix reports a Q4 operating loss of ~$1.4B, its biggest quarterly operating loss yet, vs. ~$900M est., on a 38% YoY drop in revenue  —  South Korean chipmaker SK Hynix Inc. reported its biggest quarterly loss on record, due to plunging prices in memory chips as tech demand fell worldwide.
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