SK Chairman Chey Tae-won on SK Hynix Debut, AI Demand and US Plans

Categories: Startup, VC, AI

Summary

Chey Tae-won, chairman of SK Hynix parent SK Group, says they waited a long time to list SK Hynix in the US and calls it a "dream come true." The head of the South Korean chipmaker talks about raising

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Transcript Excerpt

A sensible place to start is why now? You've been thinking about a US listing for some time, but why put SK Hynix in front of US investors now? Well, we've been waiting for that for a long, long time. And since I acquired that Hynix about 15 years ago. So this isn't one of my sons. Well, we have to go to access to the the uh US capital market. So now dream comes true. So people are asking why now. But well this is kind of early in the moment. Well, we can we can have the earliest moment possible. $26.5 billion is a lot of money. But in the context of SK's commitment in domestically, in Korea and internationally, not so big can we expect multiple returns to Adas, The sale of multiple rounds of Adas. Well, yes. I'm expected. Uh, we can we can deliver, uh, those things too. So, uh, we'll try …

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