SK Hynix CEO Kwak Noh-jung delivered remarks at the Nasdaq listing ceremony held at Nasdaq MarketSite in New York on July 10 (local time), stating the listing opens new doors to global investors. Kwak explained the listing improves investment accessibility for international investors who previously faced difficulties investing in SK Hynix. The CEO positioned the Nasdaq listing as a strategic move to strengthen connections with the US AI ecosystem, where key customers, partners, and talent are concentrated.
CEO Kwak Addresses Global Investment Accessibility
During his opening bell ceremony speech, Kwak stated, "This listing opens a new door to investors around the world. I am pleased that more global investors will join our journey." He explained that investing in SK Hynix has been challenging for many global investors, and the Nasdaq listing increases investment accessibility while enabling connections with a broader investor base.
SK Hynix Positions Nasdaq Listing as AI Ecosystem Gateway
Kwak emphasized the listing's strategic significance for AI ecosystem engagement. "The United States is the center of AI, where customers leading AI innovation, partners building ecosystems, and talent driving the industry are all located," Kwak said. He stated the listing will strengthen connections with these stakeholders, create new opportunities, and build deeper partnerships.
CEO References Company Recovery from Near-Bankruptcy
Kwak referenced SK Hynix's corporate history in his remarks. "25 years ago, the company was driven to the brink of bankruptcy, but we overcame it and developed resilience and a spirit of challenge," he stated. He noted that after opening a new chapter with SK Group in 2012, the company invested in HBM when the future was uncertain and became the world's first to realize the technology.
SK Hynix Highlights HBM Leadership in AI Infrastructure
"Today, HBM is at the center of the AI revolution," Kwak said. He stated that SK Hynix provides core memory technologies that power global AI infrastructure through HBM, DRAM, and NAND flash. Kwak declared, "AI will be everywhere in the future, and wherever AI exists, SK Hynix will be there," presenting trust, innovation, and growth as the company's core principles.
FAQ
What did SK Hynix CEO Kwak announce at the Nasdaq listing ceremony on July 10?
CEO Kwak Noh-jung announced at the Nasdaq MarketSite ceremony on July 10 (local time) that the listing opens new doors to global investors and improves investment accessibility for international investors who previously faced difficulties investing in SK Hynix.
Why did SK Hynix list on Nasdaq according to CEO Kwak?
According to Kwak's speech, SK Hynix listed on Nasdaq to strengthen connections with the US AI ecosystem, where customers leading AI innovation, partners building ecosystems, and industry talent are concentrated, while expanding the company's global investor base.
What memory technologies does SK Hynix provide for AI infrastructure?
Kwak stated that SK Hynix provides core memory technologies powering global AI infrastructure through HBM, DRAM, and NAND flash, with HBM positioned at the center of the AI revolution.
