Proposed holding-company changes would let SK Hynix tap outside capital for semiconductor fabs and advanced packaging after its Nasdaq ADR listing, as Seoul backs an 800 trillion won chip ecosystem push.
South Korea’s ruling party is pushing legislation to relax holding-company capital-raising rules for the semiconductor sector, a move aimed at helping SK Hynix secure outside funding for new factories and advanced packaging capacity. The push comes after SK Hynix raised about $30.76 billion through a Nasdaq listing of American Depositary Receipts on July 10, 2026; an earlier report put the amount at $26.5 billion and described it as the largest first-time share sale by a foreign company in the United States. Nvidia CEO Jensen Huang later called the ADR debut “extremely successful” after an event in Tokyo. The proposed overhaul also sits within a broader national semiconductor initiative valued at about 800 trillion won, or roughly $518 billion, with SK Hynix and Samsung Electronics central to South Korea’s effort to preserve leadership in memory chips, advanced packaging and high-bandwidth memory for AI data centers.