SK Hynix Falls 4% as Chey Tae-won Urges Faster Fab Construction and Solidigm IPO Stays Undecided
SK Hynix shares fell 4% after SK Group Chairman Chey Tae-won urged faster fab construction while the U.S. IPO plan for its subsidiary Solidigm remains undecided. Concerns over the financial burden of large-scale capital expenditure and the delayed Solidigm listing pressured the stock in the short term, with the longer-term outlook depending on capacity build-out and IPO progress.
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