SK Hynix plans to issue new shares for a U.S. listing of ADRs, expecting to raise 10 trillion to 15 trillion won
Mar 23, 2026 17:11:28
According to a report by the Korea Economic Daily, SK Hynix plans to issue new shares and list ADRs (American Depositary Receipts) in the United States, with an issuance scale of approximately 2.4% of the total share capital.
The funds raised will mainly be used to expand high bandwidth memory (HBM) production capacity and promote the construction of a semiconductor cluster in Yongin, in order to consolidate its leading position in the global AI semiconductor market. SK Group Chairman Choi Tae-won had previously publicly stated at NVIDIA's GTC 2026 Developer Conference that they are advancing the ADR listing plan.
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