SKC will subscribe to approximately 92.1 billion won ($67.8 million) in additional shares in its U.S. subsidiary Absolics' rights offering, taking its total subscription commitment to about 373.1 billion won ($274.6 million). By acquiring all unsubscribed shares, SKC's stake will rise to 82.37% from 70.05%. The payment and share acquisition schedule has been moved forward by about two months, to Sept. 28 from Nov. 24. The investment is funded by SKC's 1.1671 trillion-won rights offering in the first half of the year and represents 63.2% of the 590 billion won SKC had allocated to its glass substrate business over three years. With about 400 billion won secured through the capital raise, Absolics is pursuing simultaneous commercialization of Embedding and Non-Embedding products. Embedding samples produced at its Georgia plant have completed preliminary evaluation and entered reliability testing, while Non-Embedding products are in supplier selection programs and are being prepared for proof-of-concept validation by year-end. Glass substrates are being developed as an advanced packaging material for high-bandwidth memory and AI semiconductors, although mass-production yields, customer qualification and cost competitiveness remain challenges.