SK hynix, at the Nasdaq listing ceremony, 25revealed a bankruptcy crisis from years ago

At the Nasdaq listing ceremony in the U.S. on 7month 10day local time, SK hynix highlighted its transition to AI memory while revealing that it had once been on the brink of bankruptcy. It was a stage designed to draw investor attention.

CEO Kwak Noh-jung took the podium at the opening bell event and said, "Just 25years ago, our company faced one of the most difficult moments in its history." He went on to explain in detail that the company had been driven to the brink of bankruptcy by a severe downturn in the DRAM market.

CEO Kwak then explained, step by step, how the company grew from a crossroads of survival into a global AI memory company. He presented the shift to the AI memory market as the key message of the listing ceremony.

The event was held at Nasdaq MarketSite in New York, United States. At the event, the company described its Nasdaq listing as a new starting point.

The remarks made at the event and the company introduction were compiled with the aim of introducing the company’s image to overseas investors along with the listing. As of press time, the company had already presented its past crisis and growth story on the Nasdaq stage.