SK Square spun off from SK Telecom, holding a 20% stake in SK Hynix and having acquired Intel's NAND business.
2 reports, 2 independent
Updated Fri 00:00
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What happened
SK Square spun off from SK Telecom, holding a 20% stake in SK Hynix and having acquired Intel's NAND business.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Morgan Stanley advised on a halted IPO alongside the acquisition of Intel's NAND business by SK Hynix.1 source
SK Square spun off from SK Telecom, revealing its ownership stake in SK Hynix and Intel's NAND business.1 source
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The entities involved
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SK Hynix
South Korean memory semiconductor supplier
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SK Telecom
South Korean telecommunications company
Nothing else this week.
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SK Square
Nothing else this week.
Related events
- SK Hynix decided to suspend the listing of its subsidiary, Solidigm, which is linked to SK Group affiliates.
- Dan Ives noted foreign sell-off in Samsung shares and predicted Nasdaq could reach 30,000.
- SK Hynix is under the control of its conglomerate, SK Group, as the company engages in strategic AI business development and high-level government summits.
- Samsung and SK Hynix outperformed the Kospi index due to their cash return and buyback strategies.
- The Trump administration holds discussions with SK Hynix, a company linked to the former Intel business Solidigm.