Skip to content
hollywoodstarshoney

hollywoodstarshoney

Long Life Business

Primary Menu
  • Business Management
  • Business Analysis
  • News Business
  • Investment
  • Insurance
  • Banking
  • About Us
    • Privacy Policy
    • Contact Us
    • Advertise Here
    • Sitemap
  • Home
  • SK Group’s Investment Arm Plans $1.6 Billion Semiconductor Spending Spree
  • Investment

SK Group’s Investment Arm Plans $1.6 Billion Semiconductor Spending Spree

By Patricia A. Eldridge 3 years ago

Chey Tae-won, chairman of SK Group.


Qilai Shen/Bloomberg

SK Square, the investment arm of South Korean billionaire Chey Tae-won’s SK Group, plans to inject 2 trillion won ($1.6 billion) into semiconductors over the next three years as demand for chips remains high.

Investments in “advanced semiconductor markets” such as the U.S. and Japan are high-priority targets for SK Group, said a company spokesperson. SK Square is “reviewing companies belonging to the global semiconductor value chain from small-scale companies to large-scale companies,” the spokesperson added. “Companies that play an important role in the global semiconductor value chain are the target for investment.”

South Korean media reported earlier this week that Park Jung-ho, CEO of SK Square and co-CEO of chip maker SK Hynix, said SK Hynix is considering forming a consortium with strategic investors to acquire British chip design specialist Arm from SoftBank.

The Japanese tech giant bought Arm for $32 billion in 2016. In February, a proposed acquisition of Arm by U.S. graphics chip giant Nvidia, led by billionaire Jensen Huang, fell through after regulators raised antitrust concerns.

The quest for more semiconductor deals fits with SK Square’s own legacy, analysts say, and it will give the investor higher stakes in an ever-growing foundation of the global tech supply chain.

Semiconductors represent a solid investment due to the “supply crunch” this year, as well as for 5G-6G wireless protocol, artificial intelligence and high-performance computing, says Cheng Kai-an, senior industry analyst with the Taipei-based Market Intelligence & Consulting Institute.

Tech was already in the investor’s blood. SK Square spun off from SK Telecom, the flagship company of the SK Group conglomerate, in November and it is the largest shareholder of SK Hynix, one of the world’s biggest memory-chip makers.

“SK Square has a long history of investing in next-generation semiconductors, information and communications technologies as the investment arm of SK Telecom,” says Sean Su, an independent tech sector analyst in Taiwan. “It’s only natural that they’d want to own shares in companies that manufacture those chips that power the aforementioned, to be fully diversified in growth-opportunity areas.”

One of SK Group’s most successful investments was the acquisition of SK Hynix. Founded in 1983 as Hyundai Electronic Industrial, the Hyundai empire’s answer to Samsung Electronics, the company went public in 1996 and Hyundai completely spun it off in 2001. Over the next ten years it was in and out of financial trouble until SK Telecom bought a 20.5% stake from its creditor banks and added SK to its name in 2012. Today SK Hynix is South Korea’s second-biggest manufacturer of memory chips, behind Samsung Electronics.

More recently, SK Square bought a 35% stake in Korbit, one of Korea’s major cryptocurrency exchanges, for 90 billion won (about $75.5 million). SK Square became Korbit’s second-largest shareholder after the late Korean billionaire Kim Jung-ju’s NXC, the holding company of online game giant Nexon. SK Group had already been investing in biotech and electric vehicle batteries.

Tags: Amazon Business Credit Card, American Airlines Business Class, Att Business Login, Austin Business Journal, Best Bank For Small Business, Best Business Bank Accounts, Best Business Schools In Us, Best Business To Start, British Airways Business Class, Business Attire Men, Business Card Ideas, Business Casual Shoes For Women, Business Continuity Planning, Business Entity Search, Business Letter Template, Business Management Degree, Business Manager Facebook, Business Plan Outline, Business School Rankings, Colorado Business Search, Delaware Business Entity Search, Drop Shipping Business, Family Business Bet, Fox Business Live, Georgia Sos Business Search, Google Business Account, Harvest Small Business Finance, How To Build Business Credit, Is Saturday A Business Day, Is Sears Still In Business, Microsoft 365 Business, My Business Google, Name Generator Business, None Of Your Business, Ny Sos Business Search, Open A Business Bank Account, Pa Business Search, Plus Size Business Casual, Pnc Business Banking, Sos Business Search Ca, Sunbiz Business Search, Taking Care Of Business, The Business Of Being Born, Turbotax Home And Business 2020, Tx Sos Business Search, Venmo For Business, Verizon Business Plans, Virtual Address For Business, What Are Business Days, Women Business Casual

Continue Reading

Previous Scaramucci sees bright future for crypto but ‘very worried’ about US politicians By Cointelegraph
Next It’s ‘hard to believe’ Biden didn’t know about Hunter’s business dealings: Brit Hume

Archives

June 2025
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« May    

Recent Posts

  • Is the US Economy Feeling the Heat from Tariffs?
  • What Happened in the Phase One China-US Trade Deal?
  • The Ultimate Investment Planning Guide for 2025
  • Plan Smart: Retirement Financial Planning Strategies That Work
  • Different Types of Tariffs Explained Simply

Fiverr

Fiverr Logo

BL

Tags

Amazon Business Credit Card American Airlines Business Class Att Business Login Austin Business Journal Best Bank For Small Business Best Business Bank Accounts Best Business Schools In Us Best Business To Start British Airways Business Class Business Business Attire Men Business Card Ideas Business Casual Shoes For Women Business Continuity Planning Business Entity Search Business Letter Template Business Management Degree Business Manager Facebook Business Plan Outline Business School Rankings Colorado Business Search Delaware Business Entity Search Drop Shipping Business Family Business Bet Fox Business Live Georgia Sos Business Search Google Business Account Harvest Small Business Finance How To Build Business Credit Is Saturday A Business Day Is Sears Still In Business Management Microsoft 365 Business My Business Google Name Generator Business None Of Your Business Ny Sos Business Search Open A Business Bank Account Pa Business Search Plus Size Business Casual Pnc Business Banking Sos Business Search Ca Sunbiz Business Search Taking Care Of Business The Business Of Being Born

Partner Links

healthylifesylee
gettheautomotive

SeedBL

Seedbacklink

bp

backlinkplacement.com

hollywoodstarshoney.com | Magazine 7 by AF themes.

WhatsApp us