Fact Source: Financial Supervisory Service DART
Market: KOSPI (000660)
💡 3-Second Summary
SK hynix has decided to make a cash contribution of approx. KRW 14.428T (USD 10B) to its U.S. AI business subsidiary (SK hynix NAND Product Solutions Corp.) to fund the acquisition of securities of another corporation.
📊 [Key Disclosure Content & Key Figures Summary]
- 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: 2030-01-28 (Final payment limit date)
- Ownership and Shareholding Ratio After Acquisition
- Total Shares Owned: 11,651,029,379 shares
- Shareholding Ratio: 100.0%
- Other Matters Significant to Investment Decisions
- Board Resolution Date: 2026-01-28 (5 Outside Directors attended)
- This contribution follows the subsidiary’s business transfer to transition into an entity dedicated to AI investment and solutions
- Actual contribution will proceed with the surviving entity following a merger between the subsidiary and a new U.S. entity scheduled to be established
- 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)
📌 Subsidiary Merger Progress and Final Execution of Contribution
This capital injection is tied to the reorganization of U.S. operations, involving the transformation of the subsidiary into an AI investment entity and a subsequent merger with a newly incorporated overseas entity. Verifying the completion of the merger process among overseas subsidiaries and ensuring the capital injection is executed within the payment limit date is essential for determining whether SK hynix’s U.S. AI business structure has been established as planned. Further updates and execution status 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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