SK Hynix

Update: Market Chatter: SK Hynix's Anticipated ADR Offering-Related Currency Flows Boost Won

The Korean won appreciated as markets anticipated currency flows from SK Hynix's (KRX:000660) $29 billion American depositary receipts (ADR) offering in the U.S., Bloomberg News reported, citing a person familiar with the matter.The currency reached 1,530.50 per dollar on Friday after gaining 0.5%.SK Hynix may start using forwards Friday to hedge funds raised from the offering, with plans to utilize part of the proceeds to make investments in Korea, according to the report.A representative from SK Hynix, in an emailed response to' request for comment, said the chipmaker is "considering various options, but cannot confirm specific details at this time."(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Market Chatter: SK Hynix's Anticipated ADR Offering-Related Currency Flows Boost Won

The Korean won appreciated as markets anticipated currency flows from SK Hynix's (KRX:000660) $29 billion American depositary receipts (ADR) offering in the U.S., Bloomberg News reported citing a person familiar with the matter.The currency reached 1,530.50 per dollar on Friday after gaining 0.5%.SK Hynix may start using forwards Friday to hedge funds raised from the offering, with plans to utilize part of the proceeds to make investments in Korea, according to the report.Chipmaker SK Hynix did not immediately respond to' request for a comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

South Korean Shares Jump on Bargain-Hunting, Chip Stock Gains

South Korean shares closed sharply higher on Friday as investors took to bargain-hunting after Thursday's 8% plunge in the country's primary index. Major market bigwigs Samsung Electronics (KRX:005930), SK Hynix (KRX:000660), and LG Energy Solution (KRX:373220) added 8%, 11%, and over 2%, respectively, at market close.The benchmark Korea Composite Stock Price Index, or Kospi, rose by 5.8%, or 440.25 points, to close at 8,088.34. The Kosdaq, also increased by 0.2%, or 1.69 points, to end at 868.41.In economic news, South Korea's economy is expected to accelerate to 2.6% in 2026 from 1% in 2025, supported by consumption, fiscal stimulus, and strong chip exports, the Organisation for Economic Co-operation and Development (OECD) said in a Thursday release.Inflation is projected to rise to 2.6% in 2026 from 2.1% in 2025, due to higher energy prices before easing to 2.2% in 2027.Strong chip exports supported South Korea's growth despite Middle East-related setbacks, while fiscal and monetary stimulus boosted consumption. The OECD said strengthening the fiscal framework, including further pension reform and rules-based expenditure, will help ensure long-term sustainability, according to the release.On the corporate front, Celltrion (KRX:068270) posted second-quarter sales of 1.3 trillion won, up 35% from 961.5 billion won a year earlier, according to a Friday filing with the Korea Exchange.The South Korean biopharmaceutical company's operating income jumped 77% year over year to 430 billion won from 242.5 billion won, the filing said.Shares of Celltrion rose nearly 4% at market close.

Market Chatter: SK Hynix Outlines Plan for KRW100 Trillion Investment in Fabrication Plant

SK Hynix (KRX:000660) is looking to invest around 100 trillion won in Cheongju to build an M17 NAND flash fabrication plant and a P&T7 advanced packaging facility, according to a report by ChosunBiz on Thursday.The plans also include a 1GW AI data center, linking memory production with AI computing infrastructure, the report said.The project is slated to begin in 2027 with operations targeted for the first half of 2029, according to the report.The investment is part of the company's strategy to transform Cheongju into a semiconductor hub, according to the company's CEO, Kwak Noh-jung, as cited in the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

South Korean Shares Close Higher on Overnight Wall Street Gains, Potential US-Iran Negotiations Ahead

South Korean shares closed higher on Tuesday, in line with overnight gains on Wall Street after the US and Iran agreed to cease attacks in and around the Strait of Hormuz and are expected to hold talks in Qatar.The benchmark Korea Composite Stock Price Index, or Kospi, rose by 1%, or 81.83 points, to close at 8,476.48. The Kosdaq, however, fell by 0.5%, or 4.39 points, to end at 916.18.Wall Street rebounded on Monday amid a rally of technology stocks. The Dow Jones Industrial Average added 0.59% to close at a record high, while the Nasdaq Composite rose 2.07%, and the S&P 500 increased 1.18%.U.S. President Donald Trump said U.S. and Iranian officials will meet in Qatar on Tuesday after Tehran "requested" talks following days of reciprocal attacks that strained their interim agreement, according to AL Jazeera.However, Iran's Foreign Ministry denied any scheduled meeting with the US but said that it will send a special delegation to Doha to secure the release of frozen assets.On the corporate front, Samsung Group and SK Group announced investment plans totaling 2,655 trillion won and 1,100 trillion won, respectively, to build regional semiconductor hubs and nationwide AI infrastructure, according to statements from the firms on Monday.Samsung Electronics (KRX:005930) plans to invest 2,030 trillion won in semiconductor clusters, which comprise the Pyeongtaek Campus and Yongin National Industrial Complex, while allocating 625 trillion won to projects in the Honam, Chungcheong and Yeongnam regions. These will focus on AI chips, robots, batteries, and IT components.Of that regional allocation, 425 trillion won will be concentrated in the Honam region, where Samsung Electronics will deploy 400 trillion won to build a new semiconductor fabrication plant and a digital-twin-based innovation hub in Gwangju.Meanwhile, chipmaker SK Hynix (KRX:000660) will invest 1,100 trillion won to build an AI memory production network across Yongin, Cheongju and southwestern Korea. The company aims to complete the fourth fab at its Yongin Semiconductor Cluster by 2033, 12 years ahead of schedule, with total investment in the semiconductor cluster expected to hit 600 trillion won.Alongside these corporate investments, South Korea unveiled a 550 trillion won joint private-public initiative involving internet firm Naver (KRX:035420) to build 8.4 gigawatts of AI data center capacity by 2029.Naver did not immediately respond to' request for comment.Shares of Samsung Electronics added 4% at market close, those of SK Hynix added 2%, while those of Naver fell over 2%.In other news, Samsung Electro-Mechanics (KRX:009150) secured a supply agreement for multi-layer ceramic capacitors (MLCC) from an undisclosed client, according to a Monday filing with the Korea Exchange.The contract, valued at 454 billion won, is valid till Dec. 31, 2027.Shares of Samsung Electro-Mechanics rose nearly 8% at market close.

Samsung, SK Group to Invest KRW3,755 Trillion in Future Tech, AI, Chip Clusters

Samsung Group and SK Group announced investment plans totaling 2,655 trillion won and 1,100 trillion won, respectively, to build regional semiconductor hubs and nationwide AI infrastructure, according to statements from the firms on Monday.Samsung Electronics (KRX:005930) plans to invest 2,030 trillion won in semiconductor clusters, which comprise the Pyeongtaek Campus and Yongin National Industrial Complex, while allocating 625 trillion won to projects in the Honam, Chungcheong and Yeongnam regions. These will focus on AI chips, robots, batteries, and IT components.Of that regional allocation, 425 trillion won will be concentrated in the Honam region, where Samsung Electronics will deploy 400 trillion won to build a new semiconductor fabrication plant and a digital-twin-based innovation hub in Gwangju.Meanwhile, chipmaker SK Hynix (KRX:000660) will invest 1,100 trillion won to build an AI memory production network across Yongin, Cheongju and southwestern Korea. The company aims to complete the fourth fab at its Yongin Semiconductor Cluster by 2033, 12 years ahead of schedule, with total investment in the semiconductor cluster expected to hit 600 trillion won.Alongside these corporate investments, South Korea unveiled a 550 trillion won joint private-public initiative involving internet firm Naver (KRX:035420) to build 8.4 gigawatts of AI data center capacity by 2029.Naver did not immediately respond to' request for comment.Shares of Samsung Electronics added nearly 2% in recent trade, while those of Naver fell over 1%, and those of SK Hynix declined marginally.

Samsung, SK Group to Invest KRW3,755 Trillion in Future Tech, AI, Chip Clusters

Samsung Group and SK Group announced investment plans totaling 2,655 trillion won and 1,100 trillion won, respectively, to build regional semiconductor hubs and nationwide AI infrastructure, according to statements from the firms on Monday.Samsung Electronics (KRX:005930) plans to invest 2,030 trillion won in semiconductor clusters, which comprise the Pyeongtaek Campus and Yongin National Industrial Complex, while allocating 625 trillion won to projects in the Honam, Chungcheong and Yeongnam regions. These will focus on AI chips, robots, batteries, and IT components.Of that regional allocation, 425 trillion won will be concentrated in the Honam region, where Samsung Electronics will deploy 400 trillion won to build a new semiconductor fabrication plant and a digital-twin-based innovation hub in Gwangju.Meanwhile, chipmaker SK Hynix (KRX:000660) will invest 1,100 trillion won to build an AI memory production network across Yongin, Cheongju and southwestern Korea. The company aims to complete the fourth fab at its Yongin Semiconductor Cluster by 2033, 12 years ahead of schedule, with total investment in the semiconductor cluster expected to hit 600 trillion won.Alongside these corporate investments, South Korea unveiled a 550 trillion won joint private-public initiative involving internet firm Naver (KRX:035420) to build 8.4 gigawatts of AI data center capacity by 2029, Bloomberg reported Monday.Naver did not immediately respond to' request for comment.Shares of Samsung Electronics added nearly 2% in recent trade, while those of Naver fell over 1%, and those of SK Hynix declined marginally.

SK Telecom, SK Inc. to Acquire Stake in SK Hynix NAND Product Solutions

SK Telecom (KRX:017670) and SK Inc. (KRX:034730) will each acquire 642 shares in SK Hynix (KRX:000660) subsidiary SK Hynix NAND Product Solutions for 397.1 billion won in cash, according to a Monday filing with the Korea Exchange.The investment will give SK Telecom and SK Inc. a 0.62% stake each in SK Hynix NAND Product Solutions. The acquisitions are scheduled to be concluded on July 23, the filing said.Shares of SK Hynix fell nearly 2% at market close, while those of SK Inc. declined about 4%.

Samsung, SK Group Plan Massive Long-Term AI Memory-Led Investments in South Korea

Samsung Electronics (KRX:005930), SK Hynix (KRX:000660), and SK Telecom (KRX:017670) plan to invest massively across South Korea to meet the increasing demand for AI memory around the globe, according to several filings with the Korea Exchange and a press release by SK Hynix on Monday.Samsung Electronics plans to invest about 2,450 trillion won by December 2040, including 2,100 trillion won in semiconductors, to expand chip clusters in Yongin and Gwangju, build HBM fabs in Cheonan and Onyang, and establish a humanoid robot production line in Gumi, the chipmaker said in a Monday filing with the Korea Exchange.SK Hynix plans to invest 1,100 trillion won, which includes 600 trillion won in investments in the Yongin Semiconductor Cluster, 100 trillion won in Cheongju, and 400 trillion won to develop a new semiconductor cluster in the country's southwestern region, the chipmaker said in a Monday release.SK Hynix also aims to complete the fourth Yongin fab by 2033, which was previously scheduled to be completed by 2045.Finally, SK Telecom plans to develop 15 gigawatts of AI data center capacity in phases to meet the increasing AI infrastructure demand. The first phase targets 5 gigawatts of capacity from 2029, followed by an additional 10 gigawatts by 2035, conditional on market demand and progress of the project, the telecommunications firm said in a Monday filing with the Korea Exchange.Shares of Samsung Electronics fell nearly 5%, and SK Hynix shed 2% at market close.

South Korean Shares Close Slightly Lower on Tech Losses, Rising Oil Prices

South Korean shares closed slightly lower on Monday on losses made by heavyweight technology stocks Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660), shares of which fell by nearly 5% and 2%, respectively, at market close.Rising oil prices also put a strain on investor optimism amid the continued hostilities between the U.S. and Iran. Brent crude for August delivery traded at $73.21 a barrel as of 03:30 GMT, rising $1.27 higher from its level before the U.S. and Israel launched military action against Iran on Feb. 28.The benchmark Korea Composite Stock Price Index, or Kospi, marginally declined by 0.2%, or 16.56 points, to close at 8,394.65. The Kosdaq, however, rose by 8.1%, or 69.2 points, to end at 920.57.On the corporate front, the labor union of Samsung Biologics (KRX:207940) on Sunday voted to exit the Samsung Group federation, with an aim to alter the union's organizational structure, Pulse News reported Monday.The union conducted a vote from June 24 to June 28, with 2,392 of 2,479 participating members, or 96.5%, backing the proposal to quit the group federation. The proposal required a majority turnout and approval from at least two-thirds of participating members to pass, according to the report.Responding to, Samsung Biologics said the union's withdrawal from the super‑union is expected to have minimal impact, adding discussions on scheduling proposals remain ongoing, and it remains committed to operational stability and minimizing any effect on client projects.Shares of the company jumped nearly 8% at market close.In other news, HD Korea Shipbuilding & Offshore Engineering (KRX:009540) won an order for two liquefied petroleum gas (LPG) carriers from an Asia-based shipper, according to a Monday filing with the Korean Exchange.The deal is valued at 366 billion won. The shipbuilder will deliver the vessels by Dec. 31, 2029.Shares of HD Korea Shipbuilding rose over 6% at market close.

Samsung, SK Hynix to Anchor South Korea's $576 Billion Chip, AI Investment Plan

Correction: Market Chatter: Samsung, SK Group to Invest KRW2,000 Trillion Over 10 Years to Boost Industry

(Corrects to clarify that neither company immediately responded to' request for comment)Samsung Group and SK Group plan to invest 2,000 trillion won over the next 10 years under President Lee Jae Myung's flagship industrial strategy, the Korea Economic Daily reported Monday.The two groups will unveil their plans at the presidential office later in the day, the report said.The industry, science, land, and energy ministries also plan to announce support measures, which comprise plans to secure the power and water supplies required for the proposed technology facilities, according to a Yonhap News report on Monday.Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) are expected to build four to five semiconductor fabrication plants each in the Gwangju area, while the former plans to construct additional chip packaging facilities in South Chungcheong Province, and the latter will add to its NAND production plants in the North Chungcheong Province, the report said.Samsung Biologics and SK Hynix did not immediately reply to' request for comment.Shares of Samsung Electronics fell more than 5% in recent trade, while those of SK Hynix declined over 4%.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Update: Market Chatter: Samsung, SK Group to Invest KRW2,000 Trillion Over 10 Years to Boost Industry

(Updates to add comment from Samsung Group)Samsung Group and SK Group plan to invest 2,000 trillion won over the next 10 years under President Lee Jae Myung's flagship industrial strategy, the Korea Economic Daily reported Monday.The two groups will unveil their plans at the presidential office later in the day, the report said.The industry, science, land, and energy ministries also plan to announce support measures, which comprise plans to secure the power and water supplies required for the proposed technology facilities, according to a Yonhap News report on Monday.Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) are expected to build four to five semiconductor fabrication plants each in the Gwangju area, while the former plans to construct additional chip packaging facilities in South Chungcheong Province, and the latter will add to its NAND production plants in the North Chungcheong Province, the report said.Responding to, Samsung Biologics said the union's withdrawal from the super‑union is expected to have minimal impact, adding discussions on scheduling proposals remain ongoing and it remains committed to operational stability and minimizing any effect on client projects.Meanwhile, SK Hynix did not immediately reply to' request for comment.Shares of Samsung Electronics fell more than 5% in recent trade, while those of SK Hynix declined over 4%.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Market Chatter: Samsung, SK Group to Invest KRW2,000 Trillion Over 10 Years to Boost Industry

Samsung Group and SK Group plan to invest 2,000 trillion won over the next 10 years under President Lee Jae Myung's flagship industrial strategy, the Korea Economic Daily reported Monday.The two groups will unveil their plans at the presidential office later in the day, the report said.The industry, science, land, and energy ministries also plan to announce support measures, which comprise plans to secure the power and water supplies required for the proposed technology facilities, according to a Yonhap News report on Monday.Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) are expected to build four to five semiconductor fabrication plants each in the Gwangju area, while the former plans to construct additional chip packaging facilities in South Chungcheong Province, and the latter will add to its NAND production plants in the North Chungcheong Province, the report said.Samsung Electronics and SK Hynix did not immediately reply to' request for comment.Shares of Samsung Electronics fell more than 5% in recent trade, while those of SK Hynix declined over 4%.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

South Korean Shares Plunge on AI, Battery Losses; Samsung Loses 5%, SK Hynix 8%

South Korean shares closed lower on Friday after investors booked profits on AI and battery stocks following the previous day's strong gains. Market heavyweights Samsung Electronics (KRX:005930), SK Hynix (KRX:000660), and LG Energy Solution (KRX:373220) shed over 5%, 8% and 6%, respectively, at the end of the trading day.The benchmark Korea Composite Stock Price Index, or Kospi, fell 5.8%, or 519.09 points, to close at 8,411.21. The Kosdaq also declined by 4.1%, or 36.44 points, to end at 851.37.In economic data, the average interest rate on new deposits in South Korea added one basis point to hit 2.93% in May from the previous month, while the average interest rate on outstanding amounts of deposits also added one basis point to 2.03% during the same period.The average interest rate on new loans in the country shed one basis point to hit 4.19% in May from the previous month, while the average interest rate on outstanding amounts of loans added one basis point to 4.31% during the same period, the Bank of Korea said Friday.On the corporate front, SK Telecom (KRX:017670) plans to invest 738.38 billion won in chipmaker SK Hynix's US-incorporated NAND unit SK Hynix NAND Product Solutions Corporation (SKHNPS) via a capital contribution commitment agreement to acquire 1,198 newly issued shares.The investment will give SK Telecom a 0.9% stake in SKHNPS, with the acquisition scheduled to close on June 25, 2030, according to a Friday filing with the Korea Exchange.Shares of SK Telecom fell nearly 1% at market close.

Market Chatter: SK Hynix Mulling NAND Flash Fabrication Plant

SK Hynix (KRX:000660) is reportedly looking to build a new NAND flash fabrication plant in Cheongju, South Korea, according to a report by the Pulse on Friday.This will be the company's first major expansion since the M15 plant which was finished in 2018, the report said.Sk Hynix did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

SK Hynix Eyes to Raise KRW45.5 Trillion Through Nasdaq Listing; Shares Decline 9%

SK Hynix (KRX:000660) plans to raise 45.5 trillion won through the issuance of 17.8 million new depositary receipts (DRs) on the Nasdaq Global Select Market on July 10, according to a Friday filing with the Korea Exchange by parent SK Square (KRX:402340).The issue price per DR is 255,500 won, with a conversion ratio of 0.1 share per DR.The proceeds will be used to fund the construction of the first fabrication facility within the Yongin Semiconductor Cluster, the Cheongju P&T7 Advanced Packaging fabrication facility, and to secure machinery and equipment, the filing said.Shares of SK Hynix fell nearly 9% in recent trade, while those of SK Square declined over 13%.