On August 10, in response to market rumors that 'SK Hynix is considering selling its Chongqing factory in China for 4 trillion won,' SK Hynix issued a statement clarifying that the company is exploring various options to enhance the competitiveness of its packaging business, but no specific decisions have been made yet. SK Hynix stated that if relevant matters are finalized in the future, they will make another disclosure within one month from the date of determination. Previously, according to a report by China Economic Net citing Bloomberg, sources familiar with the matter revealed that SK Hynix is considering various options for its Chongqing factory, including introducing investors to drive business growth. It is reported that the potential equity sale of the factory is estimated to be worth approximately $3 billion (about 4.2 trillion won).
