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SK Group Chairman: SK hynix is open to issuing additional ADRs
BlockBeats message, July 10, SK Group chairman Choi Tae-won said that if returns perform strongly and the company’s share price remains stable, SK Hynix is open to issuing additional U.S. shares.
“This actually requires better returns,” he said. “Once we have better returns, demand will naturally increase. Our top priority is to keep the share price stable, and we hope that over the long term it can have upside potential.”
Choi Tae-won also pledged to increase the company’s investment in the United States. Choi Tae-won said, “This is the AI era. The arrival of the AI era has in fact greatly boosted demand for memory chips.” Currently, the three major top memory chip manufacturers are accelerating investment to expand capacity, competing to meet surging market demand.