Fact Source: Financial Supervisory Service DART
Market: KOSPI (000660)
💡 3-Second Summary
SK hynix has issued a correction disclosure regarding the acquisition of shares in its U.S. AI business subsidiary (SK hynix NAND Product Solutions Corp.), adjusting the final scheduled acquisition date due to changes in the contract execution date.
📊 [Key Disclosure Content & Key Figures Summary]
- Correction Details
- Correction Date: 2026-02-13 (Initial Filing Date: 2026-01-28)
- Reason for Correction: Revision to key schedule dates following changes in the contract execution date
- Key Modification: Adjusted the scheduled acquisition date from 2030-01-28 to 2030-03-01 (based on the final payment limit date)
- Target Company Information
- Company Name: SK hynix NAND Product Solutions Corp.
- Nationality / Representative: U.S.A. / Xin Guo, Jinsoo Kang
- Stated Capital: KRW 2,464,039,314,870 (As of FY2024 end)
- Relationship / Main Business: Subsidiary / Semiconductor Sales and R&D
- Total Outstanding Shares: 1,693,653,240 shares
- Acquisition Details and Conditions
- Number of Shares to be Acquired: 10,000,000,000 shares
- Acquisition Amount: KRW 14,428,000,000,000 (KRW 14.428T) (Converted using the Hana Bank base exchange rate of 1,442.8 KRW/USD on 2026-01-27)
- Ratio to Equity: 19.5% (Based on consolidated equity of KRW 73,915,703,612,985 as of FY2024 end)
- Ratio to Total Assets: 12.0% (Based on total assets of KRW 119,855,208,683,285 as of FY2024 end)
- Acquisition Method / Purpose: Cash contribution / Funding for the subsidiary to acquire securities of another corporation
- Scheduled Acquisition Date: 2030-03-01 (Final payment limit date)
- Ownership and Shareholding Ratio After Acquisition
- Total Shares Owned: 11,651,029,379 shares
- Shareholding Ratio: 100.0%
- Other Investment Matters and Schedule
- Board Resolution Date: 2026-01-28 (5 Outside Directors attended)
- Execution Plan: Actual contribution will proceed with the surviving entity following a merger between SK hynix NAND Product Solutions Corp. and a new U.S. subsidiary scheduled to be established
- Clarification Details: Confirmed status regarding media reports dated 2026-01-27 (“SK hynix establishes AI investment corporation in the U.S… KRW 10T control tower”)
- Summary Financial Position of Target Entity (K-IFRS, KRW)
- FY2024: Total Assets KRW 6,199,002,267,673 / Total Liabilities KRW 7,882,522,571,131 / Total Equity KRW -1,683,520,303,450 / Capital KRW 2,464,039,314,870 / Revenue KRW 8,096,160,781,504 / Net Income KRW -142,480,831,129
- FY2023: Total Assets KRW 6,158,341,932,326 / Total Liabilities KRW 7,734,491,699,762 / Total Equity KRW -1,576,149,767,436 / Capital KRW 2,444,887,655,070 / Revenue KRW 3,756,840,681,304 / Net Income KRW -3,408,505,082,971
- FY2022: Total Assets KRW 4,453,546,630,128 / Total Liabilities KRW 2,650,848,876,770 / Total Equity KRW 1,802,697,753,358 / Capital KRW 2,429,426,599,379 / Revenue KRW 5,817,276,560,313 / Net Income KRW -1,925,432,157,776
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Adjusted Acquisition Schedule and Subsidiary Merger Progress
This amendment defers the final capital injection limit date to align with the revised contract execution timeline for acquiring shares in the U.S. subsidiary. Verifying whether capital contributions progress under the adjusted schedule and tracking the execution of the subsequent merger with the U.S. entity is essential for evaluating the progress of SK hynix’s corporate restructuring. Detailed execution status and finalized progress can be monitored through subsequent regulatory filings or future periodic reports (Quarterly, Half-Yearly, or Annual Reports).
📢 Disclaimer & Source Notice
Source: This content was newly structured and generated based on official disclosure data from the Financial Supervisory Service’s DART system.
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