SK hynix initiates U.S. stock market listing procedures

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Published: 25 Mar. 2026, 08:40

KIM JU-YEON
[email protected]

SK hynix's headquarters in Icheon, Gyeonggi, is pictured on Jan. 29. [YONHAP]

SK hynix, Korea’s second-largest chipmaker, has begun procedures to list on the U.S. stock market within the year, the company said Wednesday.

The company submitted a draft registration statement to the U.S. Securities and Exchange Commission to list its American depositary receipts (ADRs) on a U.S. stock exchange, it said in a regulatory filing. ADRs allow U.S. investors to trade or hold foreign shares without dealing with foreign currency or regulations.

The company said it has not determined the size or method of the initial public offering and did not provide a specific timeline.

Industry insiders estimate the chipmaker could potentially list around 2.4 percent of its treasury shares, worth around 9 trillion won ($6 billion).

SK hynix will publish another regulatory filing when detailed items are confirmed or within six months, the firm said.

BY KIM JU-YEON [[email protected]]