SK hynix Lists ADRs on NASDAQ, Elevating Global Status at the Heart of Capital Markets
- SK hynix commences ADR trading with an "Opening Bell" ceremony attended by SK Group Chairman
Chey Tae-won and key executive leadership - Company aims to expand investor base and solidify leadership as a "Core AI Partner" in the memory market
- CEO Kwak Noh-Jung "I'd like to thank investors and customers and pledge to unlock memory's potential and empower employees to achieve more"
[1] ADRs (American Depositary Receipts): Certificates issued by a depositary bank that represent shares of a non- |
To commemorate the listing, SK hynix held an "Opening Bell" ceremony on the morning of
The milestone event was attended by top leadership from both the group and the company, including SK Group Chairman
As the AI era accelerates, data centers are expanding rapidly, driving a surge in demand for AI memory to support them. SK hynix is a world-class memory semiconductor company equipped with the industry-leading technology and stable supply capabilities demanded by global Big Tech customers. In particular, the company has established a significant competitive edge in High Bandwidth Memory (HBM), the core component of AI accelerators.
With this listing, SK hynix plans to broaden its global investor base in the
Prior to the listing, SK hynix conducted a global institutional investor roadshow across major regions, including the
Beyond raising capital, this listing is expected to serve as a turning point for SK hynix, enabling the company to strengthen its ties with the next-generation computing ecosystem, unlock new business opportunities and deepen strategic partnerships down the road.
In his commemorative remarks, CEO
Following today's successful trading debut, the ADR offering is scheduled to close on
About SK hynix Inc.
SK hynix Inc., headquartered in Korea, is the world's top-tier semiconductor supplier offering Dynamic Random Access Memory chips ("DRAM") and flash memory chips ("NAND flash") for a wide range of distinguished customers globally. The Company's shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxembourg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.
Cautionary Note Regarding Forward-Looking Statements
This news release may contain forward-looking statements, which involve risks and uncertainties. These forward-looking statements concern and are based upon, among other things, SK hynix's expectations regarding the completion of the offering and the realization of any potential advantages, benefits and the impact of, and opportunities created by, the offering. When SK hynix uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Readers are cautioned not to place undue reliance on any of these forward-looking statements. SK hynix's expected results may not be achieved, and actual results may differ materially from expectations. This may be a result of various factors, including, but not limited, the risks and uncertainties described in the section titled "Risk Factors" in the registration statement relating to the offering and all other filings with the SEC. These forward-looking statements speak only as of the date hereof. SK hynix undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless required by law.
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SOURCE SK hynix Inc.
