SK Telecom approved a Won 738.4 billion capital contribution to acquire new shares in SK hynix NAND Product Solutions Corp. (SKHNPS). This investment secures a 0.9% stake in the semiconductor sales and R&D affiliate.
The board of directors authorized the transaction on June 25, 2026. The equity purchase represents 5.7% of SK Telecom's total shareholders' equity.
Management intends for the investment to generate synergies with the company's ongoing AI-focused business strategies.