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SK Telecom to invest $481 million in SK hynix’s U.S. affiliate

The chipmaker will issue 17.79 million new shares, and analysts say the offering could raise about $29.4 billion and widen access to U.S. investors.

Summary by UPI
South Korea's leading mobile operator SK Telecom said Thursday that it would invest $481 million in a U.S. subsidiary of SK hynix as part of the group's efforts to concentrate on the artificial intelligence strategy.

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Hospodářské Nnoviny (HN.cz) broke the news on Thursday, June 25, 2026.
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