Key facts: SK Hynix stock rises 3%; analysts predict 2% drop in smartphone sales
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SK Hynix's stock rose 3.0%, reflecting a broader increase in Asian semiconductor stocks due to improved market sentiment after eased U.S.-Europe tensions over Greenland.1Analysts expect global smartphone sales to drop by 2% in 2026, potentially impacting SK Hynix as rising memory chip prices affect consumer electronics makers.2
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