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SK Hynix Q1 operating profit up sharply on DRAM shipment growth

SEOUL, April 24 (Reuters) - South Korea's SK Hynix Inc said on Thursday its first-quarter operating profit picked up sharply from a year earlier, spurred by a rise in shipments of personal computer memory chips as a key China factory resumed full production.

The world's second-largest memory chipmaker reported 1 trillion won ($961.95 million) in operating profit for the January-March period, compared with the mean forecast of 971 billion won in a poll of 34 analysts by Thomson Reuters I/B/E/S.

Operations at the company's Wuxi plant, which accounted for 15 percent of global supply of dynamic random access memory (DRAM) chips, returned to full production during the January-March period following a fire in September. ($1 = 1039.5500 Korean Won)

(Reporting by Se Young Lee; Editing by Stephen Coates)