SK Hynix Responds Again: No Decision Made Yet on Sale of Chongqing Plant Equity

Odaily Planet Daily News: SK Hynix has again responded to reports suggesting that the company plans to sell part of its stake in its Chongqing packaging plant in China, with the transaction valued at approximately 4 trillion Korean won (around $2.9 billion). The company stated that it is currently reviewing multiple measures to enhance the competitiveness of its packaging business, but as of now, no specific matters have been finalized. This marks SK Hynix's second disclosure of progress on the matter, following its initial announcement on August 10. The company said it will make a separate announcement if any related matters are confirmed; if no concrete progress is made, it will disclose updates again within three months from the date of this announcement, with the expected next disclosure date set for December 8. (Interface News)