Market Chatter: SK hynix Prepares to Expand US Work Force

MT Newswires Live11-09 19:01

SK hynix (SKHY) is preparing to expand its US workforce, in a move to strengthen its ties with major US customers, including Nvidia (NVDA), South Korea's state-backed news agency Yonhap reported Monday, citing the company.

The company plans to name new executives and reorganize US operations around Dec. 3, the report said.

SK hynix already named Ahn Hyun, its president in charge of development, as the executive overseeing US operations, the report said.

The company did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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