# If SKC moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/skc · Facet: ripple · Updated: 2026-10-23T20:29:49.6778+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, SKC is directly linked to 4 companies (0 supply, 3 revenue, 1 investment relationships) and reaches 13 companies within two hops; the links are backed by 12 dated sources, 2 of them primary filings (as of 2026-10-23).

SKC fell 25.4% in 2025 and was down 28.0% through September 4, 2026. Q2 2026 copper-foil sales reached a quarterly high of KRW 254bn, but the group still posted a KRW 14.4bn operating loss. Demand recovery cannot yet be equated with a share-price or profit recovery. Toyota Tsusho’s USD 110m agreement concerns equity in SK Nexilis Malaysia, not SKC parent. The Asahi Kasei separator agreement likewise starts deliveries in mid-2027. A supplier catch-up thesis needs sustained Malaysian plant profit and disclosed North American customer sales. SKC also operates semiconductor test sockets, so it does not run on a battery-only clock.

## Demand chain (leading)
- T1 LG Energy Solution (https://valuechain.wiki/lg-energy-solution.md)
- T2 Tesla (https://valuechain.wiki/tesla.md)
- T3 PG&E Corporation (https://valuechain.wiki/pg-e.md)
- T3 Edison International (https://valuechain.wiki/edison-international.md)
- T2 Toyota Motor Corporation (https://valuechain.wiki/toyota.md)
- T3 Mazda Motor (https://valuechain.wiki/mazda-motor.md)
- T2 General Motors (https://valuechain.wiki/general-motors.md)
- T2 Hyundai Motor Company (https://valuechain.wiki/hyundai-motor-company.md)
- T3 Hyundai Transys (https://valuechain.wiki/hyundai-transys.md)
- T2 Honda Motor (https://valuechain.wiki/honda-motor.md)
- T2 DTE Energy (https://valuechain.wiki/dte-energy.md)
- T3 Oracle (https://valuechain.wiki/oracle.md)
- T1 SK Innovation (SK On) (https://valuechain.wiki/sk-innovation.md)
- T2 Nissan Motor (https://valuechain.wiki/nissan-motor.md)
- T3 Mitsubishi Motors (https://valuechain.wiki/mitsubishi-motors.md)
- T2 Ford Motor Company (https://valuechain.wiki/ford-motor-company.md)
- T3 Ecolab Inc. (https://valuechain.wiki/ecolab.md)
- T3 United Rentals (https://valuechain.wiki/united-rentals.md)
- T1 Samsung SDI (https://valuechain.wiki/samsung-sdi.md)

## Supply chain (benefiting)
- T1 Toyota Tsusho (https://valuechain.wiki/toyota-tsusho.md)
- T2 Asahi Kasei (https://valuechain.wiki/asahi-kasei.md)

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Full node: https://valuechain.wiki/skc.md · JSON: https://valuechain.wiki/skc.json