Industry

Shinsung E&G supports learning, mental health for vulnerable children

Shinsung E&G donated 10 million won to the child welfare facility St. Peter\'s Home, it said on Thursday. The company said it decided on the donation to support learning and provide psychological and emotional stability for children living apart from their original families. The funds will be used to improve the learning environment and provide professional counselling, including fees for a managed study room, reading education programmes and regular individual counselling.

Industry

Why SK Hynix is seeking a U.S. listing: \"We need to raise 100 trillion won to have a next step\"

SK Hynix expects the combined total of its disclosed capital spending plans to exceed 100 trillion won and has set securing more than 100 trillion won in net cash as a mid- to long-term goal. The company has formally begun procedures to list American depositary receipts in the United States, aiming for the second half of this year, with proceeds to fund memory investments. It is also accelerating capacity expansion amid rising demand for HBM.