SK Hynix Inc. is exploring the possibility of listing shares in New York, a move seen potentially helping close the valuation gap between the South Korean chipmaker and US peers including Micron Technology Inc.
The company is “reviewing various measures to enhance corporate value, including a potential listing on the US stock market using treasury shares, but nothing has been finalized at this time,” SK Hynix said in a regulatory filing on Wednesday. Its shares climbed as much as 4.8% in early Seoul trading Wednesday.