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SEOUL, May 27 : Shares of SK Hynix surged on Wednesday, taking the market capitalisation of the South Korean chipmaker above $1 trillion. Shares rose as much as 11.1 per cent to an all-time high in early trade, lifting the company's total market value to 1,624 trillion won ($1.08 trillion).($1 = 1,507.
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The rally comes after the company reported an over eightfold increase in first-quarter operating profits last week.