KB Securities Sees SK hynix's Q1 Profit at 40 Tril. Won

SK hynix headquarters in Icheon, Gyeonggi Province On April 14, KB Securities estimated that SK hynix's "first-quarter operating profit will reach 40 trillion won (aaproximately $26.6 billion)." The firm maintained its 'Buy' investment rating and a target price of 1.9 million won. Kim Dong-won, Head of Research, stated, "DRAM and NAND prices are projected to increase by about 70% in the first…