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Samsung and SK hynix reject electricity prepayment plan, Korea JoongAng Daily reports · Digg

Samsung and SK hynix reject electricity prepayment plan, Korea JoongAng Daily reports

Korea JoongAng Daily says the chipmakers cited cash-flow risks and investment needs in declining Kepco’s 25 trillion won ($18.6 billion) proposal.

Samsung Electronics and SK hynix rejected Kepco’s proposal to advance a combined 25 trillion won ($18.6 billion) to help fund the strained electricity grid, Korea JoongAng Daily reports. The chipmakers cited cash-flow risks and investment needs as reasons for declining the prepayment plan.

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Samsung and SK hynix reject electricity prepayment plan, Korea JoongAng Daily reports

Korea JoongAng Daily says the chipmakers cited cash-flow risks and investment needs in declining Kepco’s 25 trillion won ($18.6 billion) proposal.

Samsung Electronics and SK hynix rejected Kepco’s proposal to advance a combined 25 trillion won ($18.6 billion) to help fund the strained electricity grid, Korea JoongAng Daily reports. The chipmakers cited cash-flow risks and investment needs as reasons for declining the prepayment plan.

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TK
The Korea JoongAng Daily@JoongAngDaily 11 hrs ago
Samsung Electronics and SK hynix have rejected a plan that would have required them to advance a combined 25 trillion won to help fund the country's strained electricity grid. https://buff.ly/HM2cTop
koreajoongangdaily.com
Samsung, SK hynix turn down Kepco's electricity prepayment proposal over cash flow concerns
The chipmakers declined Kepco’s proposed 25 trillion won ($18.6 billion) prepayment plan, citing cash-flow risks and investment needs.
- likes: 2
- replies: 0
- bookmarks: 1
- reposts: 1

Combined views

446

1 post, first seen 11h ago

2 likes1 saves1 reposts

Posts from X

1 post

TK
The Korea JoongAng Daily@JoongAngDaily 11 hrs ago
Samsung Electronics and SK hynix have rejected a plan that would have required them to advance a combined 25 trillion won to help fund the country's strained electricity grid. https://buff.ly/HM2cTop
koreajoongangdaily.com
Samsung, SK hynix turn down Kepco's electricity prepayment proposal over cash flow concerns
The chipmakers declined Kepco’s proposed 25 trillion won ($18.6 billion) prepayment plan, citing cash-flow risks and investment needs.
- likes: 2
- replies: 0
- bookmarks: 1
- reposts: 1

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@JoongAngDailySamsung Electronics and SK hynix have rejected a plan that would have required them to advance a combined 25 trillion won to help fund the country's strained electricity grid. https://buff.ly/HM2cTop

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