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Chairman of SK Group: SK Hynix is open to issuing additional ADRs

1 hours ago

SK Group Chairman Choi Tae-won stated that SK Hynix is open to issuing additional U.S. shares if the company delivers strong returns and maintains stable stock prices. “This actually requires better returns,” he said. “Once we achieve stronger returns, demand will naturally rise. Our top priority is keeping the stock price stable, and we hope it will have upside potential in the long run.” Choi also pledged to increase the company’s investments in the U.S. He noted, “We are now in the AI era, and the advent of the AI era has greatly boosted demand for storage chips.” Currently, the three top-tier storage chip manufacturers are accelerating investment to expand production capacity, competing to meet the surging market demand.

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