Search
South Korean media reports, citing sources from investment banking circles, indicate that SK Hynix is in discussions to raise capital by listing American Depositary Receipts (ADRs), with the intention of repurchasing and subsequently canceling shares valued at around KRW 15 trillion. The proposed ADR issuance is set to constitute roughly 2.4% of the company's total outstanding shares, with the goal of amassing between KRW 10 trillion and KRW 15 trillion (approximately USD 6.7 billion to USD 10 billion). The majority of these funds will be earmarked for AI infrastructure development and the expansion of high-end memory production capabilities. This includes the construction of the Yongin semiconductor cluster in South Korea and boosting the production capacity of High Bandwidth Memory (HBM).
-
C114 Communication Network -
Communication Home
