SEOUL Jan 30 SK Hynix Inc said it
expects its shipments of dynamic random access memory (DRAM)
chips to decline by around 5 percent in the current quarter from
the previous three months, and plans to invest conservatively
"The guidance could appear somewhat conservative but it
partly reflects base effect of very strong shipments in the
fourth quarter, and our forecast that mobile DRAM chip demand
could weaken in the first quarter," James Kim, head of Hynix's
investor relations, told analysts.
Hynix, however, said it expects its flash memory shipments
will rise by around 5 percent in the current quarter.
The South Korean firm did not provide a detailed capital
spending plan for 2013 but said it was likely to drop from
previous year's 3.8 trillion won ($3.5 billion) spending due to
uncertain global economic conditions.
($1 = 1082.6000 Korean won)
(Reporting by Miyoung Kim; Editing by Edwina Gibbs)