SK Hynix warns of uncertainty in memory chip market fuelled by coronavirus

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SK Hynix warns of uncertainty in memory chip market fuelled by coronavirus
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The spread of a coronavirus adds uncertainty in the memory chip market, as it affects the overall environment of demand and supply, Lee Seok-hee, ...

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The spread of a coronavirus adds uncertainty in the memory chip market, as it affects the overall environment of demand and supply, Lee Seok-hee, the president of South Korea's SK Hynix Inc, said on Friday.

The logo of SK Hynix is seen at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong-Ji/File PhotoSEOUL: The spread of a coronavirus adds uncertainty in the memory chip market, as it affects the overall environment of demand and supply, Lee Seok-hee, the president of South Korea's SK Hynix Inc, said on Friday.

The South Korean chipmaker expects a moderate recovery in demand for memory chips this year, backed by server and mobile demand, Lee told the company's annual general meeting.

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