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Hynix profit rose 4 times


Wednesday, January 25, 2006 Hynix Semiconductor Inc. forth quarter income jumped more than four-fold year-to-year, reaching 751 billion won (about $770 million), according to wire reports.

According to Internet reports by Bloomberg and Reuters, Hynix rode strong demand for flash memory to post a 31 percent year-to-year jump in sales.

Hynix net income beat consensus analyst expectations by nearly 80 percent, the report said.

By: DocMemory
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