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South Korean Tycoon Ordered to Pay $644 Million in 'Divorce of the Century'
WorldBBCNYTFT+22nosfazle-figaroSCMPorfdigi24The Independentindex-hr+14 more1mo ago25 sources

South Korean Tycoon Ordered to Pay $644 Million in 'Divorce of the Century'

A South Korean court has ordered the chairman of corporate giant SK Group to pay his ex-wife $644 million in what is being called the 'divorce of the century'. This ruling marks one of the largest divorce settlements in the country's history.

SK Chairman Warns Global Memory Crunch May Last Until 2030
Technologyzerohedge5mo ago

SK Chairman Warns Global Memory Crunch May Last Until 2030

SK Chairman Warns Global Memory Crunch May Last Until 2030 SK Group Chairman Chey Tae-won warned that the global high-bandwidth memory crunch, driven by AI data center buildouts, will last until the end of the decade. Chey told reporters on the sidelines of Nvidia's annual developer conference, 'GTC 2026,' at the San Jose Convention Center in California on Monday that the memory chip shortage could last another four to five years, with supply unlikely to catch up to demand until...

SK’s Chey meets Vietnam party chief to expand energy ties
BusinessKorea Herald6mo ago

SK’s Chey meets Vietnam party chief to expand energy ties

SK Group Chairman Chey Tae-won met To Lam, general secretary of Vietnam's Communist Party in Washington to discuss cooperation in the energy and industrial sectors. According to a LinkedIn post by consulting firm The Asia Group on Thursday, the meeting took place on Feb. 20 during a TAG-hosted event in Washington. SK Innovation CEO Choo Hyeong-wook and TAG Chairman Kurt Campbell attended the talks. Chey was visiting Washington to attend the Trans-Pacific Dialogue hosted by the Chey Institute for

SK Hynix Shares Surge on Strong US Stock Market Debut, Raising $26.5 Billion
BusinessBBCbloombergNYT+8nzzcnbcorfmarketwatchYahooKorea Heraldchannel-news-asiaseeking-alpha1mo ago11 sources

SK Hynix Shares Surge on Strong US Stock Market Debut, Raising $26.5 Billion

South Korean chip giant SK Hynix saw its shares surge on its first day of trading on Wall Street, with its Nasdaq debut topping $26.5 billion. The strong performance is attributed to investor confidence in the continued boom of AI chips.

SK Group Chairman Appeals Divorce Settlement
Worldle-figaro10d ago

SK Group Chairman Appeals Divorce Settlement

The chairman of South Korean conglomerate SK Group has appealed a court order to pay 566 million euros in a high-profile divorce settlement, a case drawing significant interest due to SK Hynix's recent profit surge driven by the AI boom.

Nvidia Pledges Major AI Investment in South Korea, Partners with SK Group
Businessbloombergle-figaroSCMP+9svenska-dagbladetmarketwatchThe IndependentYahooTimes of IndiaKorea Heraldrte-newschannel-news-asia+1 more1mo ago12 sources

Nvidia Pledges Major AI Investment in South Korea, Partners with SK Group

Nvidia CEO Jensen Huang met with South Korean President Lee and announced a significant $500 billion partnership with SK Group for AI data centers and memory, pledging massive investment to establish Korea as an AI hub.

SK Group Chairman Chey Tae-won Deepens AI Alliances
BusinessKorea Herald2mo ago

SK Group Chairman Chey Tae-won Deepens AI Alliances

SK Group Chairman Chey Tae-won is strengthening alliances with leading AI chipmakers, holding talks with TSMC Chairman C.C. Wei and meeting Nvidia CEO Jensen Huang to bolster the group's position in the AI sector.

SK hynix eyes US listing to unlock AI premium
BusinessbloombergKorea Heraldchannel-news-asia+1yonhap-english5mo ago4 sources

SK hynix eyes US listing to unlock AI premium

SK hynix, the world’s second-largest memory chip maker, is stepping up plans to list on the US market via American Depositary Receipts or ADRs, as it looks to close a persistent valuation gap with global semiconductor peers despite strong AI-driven earnings. SK Group Chairman Chey Tae-won confirmed Monday that the company is actively reviewing an ADR issuance, signaling a more concrete move beyond earlier disclosures. In a regulatory filing in December, SK hynix said it was considering various s