SK Hynix is raising $29 billion via ADRs while maintaining its core manufacturing base and building a new packaging plant.
3 reports, 3 independent
Updated Jul 7
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What happened
SK Hynix is raising $29 billion via ADRs while maintaining its core manufacturing base and building a new packaging plant.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- SK Hynix plans a first fabrication plant in Yongin and a P&T7 facility in Cheongju, while Shinhan Bank analyzes the ADR proceeds.Sub-event
SK Hynix announces major corporate expansion, including a $29 billion funding raise via ADRs.1 source
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The entities involved
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SK Hynix
South Korean memory semiconductor supplier