[Concall] No Jong-won, President of SK Hynix, "Next year's investment to be cut by 50%... Global financial crisis level"

[Asia Economy Reporter Moon Chaeseok] On the 26th, Noh Jong-won, Head of Business at SK Hynix, said during the Q3 earnings conference call, "This year's investment increased to the high 10 trillion won range compared to the previous year, but we are considering reducing next year's investment by more than 50% compared to this year," adding, "(This) will be a significant level of investment reduction comparable to the industry's CAPEX decline in 2008 and 2009."

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