SK Hynix's IPO prospectus analysis, as it seeks to raise ~$28B on the Nasdaq: highly leveraged to HBM, deep and broad China ties, and health and safety concerns
[Opinion] The world's second-largest memory chip maker has more stories than its F-1 filing reveals — SK Hynix is going big in America.
Its US footprint is negligible, it has been slow to expand, and its China ties would be hard to break. I dug deep into the data on @SKhynix in this piece for @culpium https://www.culpium.com/...