SK Hynix fuels hopes for chip recovery as third-quarter profit beats

SEOUL (Reuters) - The world's second-largest memory chipmaker, SK Hynix Inc , said 5G-enabled smartphones should help lift the global memory market out of the doldrums next year, as its third-quarter profit beat market expectations on Thursday.The South Korean rival to Samsung Electronics Co Ltd cautioned however that it would cut investment "considerably" in 2020 due to uncertainties over memory-chip demand and global trade tensions.Chipmakers have sent mixed signals about the demand outlook,..