South Korea’s SK Hynix says to raise $29 billion in US ADR listing
People stand near a logo of SK Hynix at the South Korean chipmaker’s booth during the China International Supply Chain Expo (CISCE) in Beijing, China June 22, 2026. REUTERS/Florence Lo
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SEOUL, June 24 : South Korea’s SK Hynix said on Wednesday it plans to raise 45.45 trillion won ($29.43 billion) via the listing of American Depository receipts (ADR) in the U.S., as it seeks to expand its investor base and production capacity for chips used in artificial intelligence.
($1 = 1,544.1400 won)
Source: Reuters
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