SK Hynix has announced an amendment to its goods and services transactions with SK Inc., an affiliate under the same controlling shareholder. The amendment was approved by the Board of Directors on July 22, 2026, with six outside directors and the audit committee member in attendance.
The revised transaction amount for the third quarter of 2026 (July 1, 2026, to September 30, 2026) totals 120,640 million KRW (~$82.1M USD based on 1468 KRW/USD). This represents approximately 0.14% of the company’s previous fiscal year revenue of 86,852,117 million KRW (~$59.16B USD based on 1468 KRW/USD).
- System Improvement and Development: 31,260 million KRW (~$21.3M USD) via private contract.
- System Operation and Maintenance: 65,380 million KRW (~$44.5M USD) via private contract.
- Educational Services: 24,000 million KRW (~$16.3M USD) via private contract.