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Article: BUSINESS IN ASIA TODAY - OCT 30, 2008.
- Article from:
- AsiaPulse News
- Article date:
- October 30, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business in Asia on Oct 30, 2008. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:
HYNIX Q3 NET LOSS WIDENS ON GLOBAL GLUT, HIGHER DEBT COSTS
SEOUL - South Korea's Hynix Semiconductor Inc. (KSE:00660) said today its net loss widened sharply in the third quarter on lower chip prices and increased foreign debts stemming from a weaker local currency. Net loss amounted to 1.65 trillion won (US$1.2 billion) in the July-September period, compared with 707 billion won three months earlier, the company said in a statement. The company, which posted a ...