Update: Market Chatter: SK Hynix Considers Roping in Investor for $3 Billion Chongqing Plant

MT Newswires Live

Aug 10

SK Hynix (KRX:000660) is considering bringing in an investor for its Chongqing, China, plant to boost growth, and is currently in talks with several prospective advisers such as Chinese funds and key industry players to review the business, Bloomberg News reported Friday, citing people with knowledge of the matter.

The facility may be valued at $3 billion, the people told the news agency. The South Korean chipmaker may keep a minority stake in the plant, the report said, citing the sources.

Deliberations are ongoing and may not result in any transactions, according to the report.

An SK Hynix representative, in an emailed response to MT Newswires' request for comment, said the company is reviewing various measures to enhance business competitiveness, but no decisions have been confirmed.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The South Korean chipmaker may keep a minority stake in the plant, the report said, citing the sources.</p><p>Deliberations are ongoing and may not result in any transactions, according to the report.</p><p>An <a href=\"https://laohu8.com/S/SKHY\">SK Hynix</a> representative, in an emailed response to MT Newswires' request for comment, said the company is reviewing various measures to enhance business competitiveness, but no decisions have been confirmed.</p><p>(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.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SK","symbol_name":"2倍做多海力士ETF-Corgi","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2658978602","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2658978602","pubTimestamp":1786337260,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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The South Korean chipmaker may keep a minority stake in the plant, the report said, citing the sources.Deliberations are ongoing and may not result in any transactions, according to the report.An SK Hynix representative, in an emailed response to MT Newswires' request for comment, said the company is reviewing various measures to enhance business competitiveness, but no decisions have been confirmed.(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.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}