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SK Hynix( SK Hynix) is scheduled to announce its first quarter earnings on Thursday.
According to the average expectations compiled by FactSet, this South Korean memory chip manufacturer is expected to see net profit for the March quarter more than double year-over-year, reaching a record 28.109 trillion Korean won (approximately $281.09k).
Revenue for the quarter may also double, reaching a record 50.531 trillion Korean won, with operating profit also expected to hit a record 35.765 trillion Korean won.