SK Telecom is set to invest approximately 740 billion won in SK Hynix's U.S. investment subsidiary.
According to Yonhap News on June 25, SK Telecom announced through the Financial Supervisory Service's electronic disclosure system that it has signed an agreement to invest 738.384 billion won in SK Hynix's NAND Product Solutions. This amount represents 5.70% of SK Hynix's equity, which is approximately 12.9553 trillion won.
The subsidiary was established in January 2026 by SK Hynix, Solidigm, and a $10 billion (approximately 14.65 trillion won) investment. The funding will be provided through a 'capital call' method, allowing for contributions as needed over the four-year agreement period from the contract date.
With this investment, SK Telecom will acquire 1,198 new shares, giving it a 0.9% stake. The acquisition date is set for June 25, 2030.
In addition to SK Telecom, SK Inc. and SK Innovation each invested $250 million (approximately 366.3 billion won) and $380 million (approximately 556.7 billion won) in March 2026.
An SK Hynix official stated in the disclosure that the purpose of this investment is to secure synergy with the company's AI business.
According to Yonhap News on June 25, SK Telecom announced through the Financial Supervisory Service's electronic disclosure system that it has signed an agreement to invest 738.384 billion won in SK Hynix's NAND Product Solutions. This amount represents 5.70% of SK Hynix's equity, which is approximately 12.9553 trillion won.
The subsidiary was established in January 2026 by SK Hynix, Solidigm, and a $10 billion (approximately 14.65 trillion won) investment. The funding will be provided through a 'capital call' method, allowing for contributions as needed over the four-year agreement period from the contract date.
With this investment, SK Telecom will acquire 1,198 new shares, giving it a 0.9% stake. The acquisition date is set for June 25, 2030.
In addition to SK Telecom, SK Inc. and SK Innovation each invested $250 million (approximately 366.3 billion won) and $380 million (approximately 556.7 billion won) in March 2026.
An SK Hynix official stated in the disclosure that the purpose of this investment is to secure synergy with the company's AI business.
* This article has been translated by AI.
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