Search results for Semiconductor cluster
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.
AI & Enterprise
National Growth Fund to invest 250 billion won in NPU fabless Rebellion
South Korea\'s Ministry of Science and ICT and the Financial Services Commission said on March 26 they approved a 250 billion won direct investment from the Advanced Strategic Industries Fund into AI semiconductor fabless company Rebellion. The deal is the fourth first-phase mega-project under the \'K-Nvidia fostering\' initiative and the first to use direct equity investment. The capital will be provided via redeemable convertible preferred shares.
Finance
KB Kookmin Bank commits 500 billion won to KB Kookmin Growth Infrastructure Fund
KB Kookmin Bank said on Wednesday it signed an agreement to commit 500 billion won to the 1 trillion won KB Kookmin Growth Infrastructure Fund. The blind fund, established and managed by KB Asset Management, will be financed entirely with KB Financial Group funds, with KB Insurance and KB Life also participating. It adopts a perpetual closed-end structure and plans to invest in digital, energy, renewable transition and regional SOC projects.
