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SK Hynix Weighs Slashing Spending by a Q

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Reuters) - South Korean chipmaker SK Hynix Inc is considering cutting its 2023 capital expenditure by about a quarter to 16 trillion won ($12.16 billion), Bloomberg News reported on Thursday, citing people familiar with the matter.

SK Hynix's move is in response to slower-than-anticipated electronics demand, according to the report.

($1 = 1,316.0400 won)

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Reuters) - South Korean chipmaker SK Hynix Inc is considering cutting its 2023 capital expenditure by about a quarter to 16 trillion won ($12.16 billion), Bloomberg News reported on Thursday, citing people familiar with the matter.

SK Hynix's move is in response to slower-than-anticipated electronics demand, according to the report.

($1 = 1,316.0400 won)

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