Emphasis on Long-term Corporate Value and Shareholder Value as Top Decision Criteria

SK Hynix stated regarding various recent observations about the future business operations and capital utilization plans of its subsidiary Solidigm that "there are currently no specifically determined matters."

Through an official statement on the 1st, SK Hynix explained that while reviews related to Solidigm are ongoing, there are no confirmed contents, and all decisions will be made based on the criteria of enhancing long-term corporate value and shareholder value.

Recently, some market participants have raised concerns that Solidigm's capital utilization plans could lead to dual listing issues. Regarding this, the company drew a line stating that there is significant uncertainty in definitively interpreting the matter.

Investment Review for AI Data Center Market Response

Solidigm was established when SK Hynix acquired Intel's NAND and SSD businesses, and is currently strengthening competitiveness centered on high-capacity eSSD business for AI data centers.

The company explained that it is continuously reviewing the necessity of investments to secure production capacity and technological competitiveness to respond to the expansion of the AI data center market and changes in demand.

However, the method of financing for investments has not yet been determined. Various capital utilization methods can be reviewed in addition to using internal funds, and this is a matter to be decided by comprehensively considering the company's overall investment plans, financial situation, and capital allocation strategy.

"All Decision Criteria Based on Shareholder Value"

SK Hynix stated its position that when deciding whether to utilize external capital, it will comprehensively review the economic impact on existing shareholders, the effect of financing, and financial impacts.

In addition, if specific plans are reviewed in the future, the company explained that it will carefully examine the financial and business impacts at the board level and faithfully implement relevant procedures.

In particular, the company emphasized that it will also review impacts on existing shareholders and shareholder protection measures together and communicate sufficiently.

The company stated, "Regardless of which plan, we will make long-term enhancement of corporate value and shareholder value the most important decision criterion."