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Hynix posts strong NAND flash bit growth but overall profitability still under pressure

Press release, October 18; Esther Lam, DIGITIMES Asia Thursday 18 October 2007 0

Despite achieving strong bit growth, Hynix Semiconductor saw net profits decline in the third quarter of 2007. Net profits slipped to 170 billion won (US$0.19 billion), representing a drop of 24% on quarter.

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