SK Hynix's credit rating was upgraded based on its solid HBM performance and stable cash flow.

International credit rating agency Standard & Poor's (S&P) announced on the 7th that it had upgraded SK Hynix's corporate credit rating from 'BBB-' to 'BBB'.

This is the highest credit rating ever given to SK Hynix by S&P.

S&P noted the market value of SK Hynix, which has secured leadership in the HBM sector, an essential memory in the AI era, and upgraded the company's credit rating to 'BBB' based on its expected future performance growth and stable cash flow.

Meanwhile, S&P forecasted that SK Hynix will continue to generate free cash flow over the next two years based on prudent financial policies, reduce its debt size, and maintain excellent credit ratings.