BTC $63,006.19 -0.03%
ETH $1,878.50 -0.05%
BNB $605.45 -0.80%
XRP $0.9999 -0.40%
SOL $75.31 -0.02%
TRX $0.3310 -0.39%
DOGE $0.0696 -0.54%
ADA $0.1768 -1.53%
BCH $203.03 -1.10%
LINK $9.36 -0.71%
HYPE $57.05 +1.56%
AAVE $85.95 -1.13%
SUI $0.6742 -1.66%
XLM $0.1567 -1.46%
ZEC $486.43 -1.07%
BTC $63,006.19 -0.03%
ETH $1,878.50 -0.05%
BNB $605.45 -0.80%
XRP $0.9999 -0.40%
SOL $75.31 -0.02%
TRX $0.3310 -0.39%
DOGE $0.0696 -0.54%
ADA $0.1768 -1.53%
BCH $203.03 -1.10%
LINK $9.36 -0.71%
HYPE $57.05 +1.56%
AAVE $85.95 -1.13%
SUI $0.6742 -1.66%
XLM $0.1567 -1.46%
ZEC $486.43 -1.07%

SK Hynix plans to issue new shares for a U.S. listing of ADRs, expecting to raise 10 trillion to 15 trillion won

2026-03-23 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.

app_icon
ChainCatcher Building the Web3 world with innovations.