SK Hynix Lists on Nasdaq, Raises 37 Trillion Won for Semiconductor Expansion

According to industry sources, SK Hynix listed American Depositary Receipts (ADRs) on Nasdaq today, raising approximately 37 trillion won (~$27.6 billion) through the issuance of 17.79 million new shares. The offering represents 2.5% of the company's total outstanding stock, with settlement scheduled for July 14. Proceeds will fund semiconductor production capacity expansion and advanced packaging investments, including construction of the Yongin fab cluster Phase 1 and the Cheongju P&T7 advanced packaging facility. The company also plans to invest approximately 11.9 trillion won in extreme ultraviolet (EUV) lithography equipment by year-end 2027.
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