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Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol. (Photo: Yonhap News) |
[Alpha Biz= Kim Jisun] The South Korean government announced on the 11th that it will ease key regulations under the separation of finance and industry for semiconductor holding companies.
Under the revised framework, sub-subsidiaries of semiconductor holding companies will be allowed to engage in financial leasing businesses, and the mandatory ownership requirement will be lowered from 100% to 50%, enabling external capital participation.
The Ministry of Economy and Finance outlined these measures during a policy briefing to President Lee Jae-myung. With the change, companies such as SK hynix—currently a grandchild company under SK Group—will be able to establish a new financial leasing sub-subsidiary.
Market observers expect that the newly permitted entity could construct manufacturing facilities and lease them back to SK hynix to support its expansion.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
