SK Hynix to Advance Payment of 240 Billion KRW to Partners Ahead of Lunar New Year
For About 500 Small and Medium-Sized Partner Companies
SK Hynix announced on the 6th that it will make early payments of approximately 240 billion KRW in transaction payments to about 500 small and medium-sized enterprises (SMEs) and mid-sized partners ahead of the Lunar New Year holiday.
The company explained, "We decided to make early payments to support the smooth cash flow of our partners and to revitalize the domestic economy," adding, "We express our gratitude to the partners who overcame the downturn together, and we will grow together as a core company in AI infrastructure."
Previously, SK Hynix increased the number of transaction payments from three to four times a month starting in 2020 to support SMEs as part of win-win cooperation. Additionally, the company operates a win-win fund worth 360 billion KRW to support the stable management activities of SMEs.
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Kim Seong-han, Vice President of FE Purchasing at SK Hynix, said, "SK Hynix has been striving to build a sustainable semiconductor ecosystem together with our partners," and added, "We will continue to expand various win-win programs to grow together with our partners."
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