[Concall] SK Hynix "Do Not Agree to Kioxia-WD Merger... Will Choose for Stakeholders"
On the 26th, during the Q3 earnings conference call, SK Hynix stated, "Considering the value of the investment in Kioxia comprehensively, we do not agree with the Kioxia-Western Digital (WD) merger deal," adding, "We cannot disclose specific reasons or details about the merger process due to a confidentiality agreement."
They continued, "One thing is clear: we will make choices that benefit all stakeholders, including investors and Kioxia."
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
![[Concall] SK Hynix "Do Not Agree to Kioxia-WD Merger... Will Choose for Stakeholders"](http://www.asiae.co.kr/news/img_view.htm?img=2022071907250354589_1658183103.jpg)
The largest shareholder of Kioxia is a Korea-Japan-US consortium including Bain Capital, in which SK Hynix invested approximately 4 trillion won in 2018.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
