SK hynix moves toward US stock listing

Mar 26, 2026, 09:06 am

SK hynix has officially announced plans to pursue a listing on the U.S. stock market through American Depositary Receipts (ADR), aiming to better reflect its corporate value on a global stage.

The company said Wednesday it had confidentially submitted a registration statement to the U.S. Securities and Exchange Commission as part of the process for a potential ADR offering.

SK hynix stated that it is targeting a listing within the year, although key details such as the size, structure and timing of the offering have not yet been finalized. The final decision will depend on regulatory review, market conditions and investor demand.

An ADR allows shares of a foreign company to be traded in U.S. markets in U.S. dollars through certificates issued by American financial institutions.

CEO Kwak Noh-jung said during the company’s annual general meeting that the ADR initiative is intended to have SK hynix’s value reassessed in the world’s largest stock market, where major global semiconductor firms are listed.

Kim Jung-kyu, CEO of SK Square, the parent company of SK hynix, also noted that the move could provide an opportunity for a more accurate valuation.

Despite holding over 14 trillion won in cash as of the end of last year, SK hynix is considering additional funding options as it ramps up large-scale investments. The company has already announced new investments totaling 55.6 trillion won this year, signaling continued expansion amid growing capital demands.

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