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SK Square, the largest shareholder of South Korean chipmaker SK Hynix at 20.1per cent, plans to secure investments of 2 trillion won ($1.63 billion) or more for chip and blockchain companies.
The CEO of SK Square, also the CEO of SK Hynix, made the announcement in a letter to its shareholders:
“Dear Shareholders,
In 2021, the spin-off of SK Telecom resulted in the establishment of SK Square, an active portfolio management company specializing in semiconductor and ICT investments.
As an investment company with a strong portfolio, SK Square aims to enhance shareholder value through two pillars: growth of portfolio companies and new investments in semiconductor and future platform sectors.
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