SK Group is reportedly placing AI and semiconductors at the center of its next round of business restructuring, prompting a fresh internal review of the strategic value of SK Siltron, a major global ...
South Korean semiconductor giant SK Hynix became one of the few companies in the world with a $1 trillion market cap this week, as a global AI boom continues to propel chip stocks to record levels.
The semiconductor company recently joined the $1 trillion club Photo by Jung Yeon-je / AFP Korea- and chip-themed funds with big helpings of SK Hynix are shooting the lights out so far this year.
SK Hynix topped $1 trillion as AI chip demand lifted memory stocks. Samsung had recently crossed the same market-value milestone. In this article Shares of SK Hynix jumped as much as 11% on Wednesday, ...
Given the casualty figures in the Russia-Ukraine war, Ukraine is today in its most advantageous position since February 2022. Source: Finnish President Alexander Stubb on Yle Radio Suomi's ...
SK On, the battery manufacturing unit of SK Group, said Thursday it has completed the dissolution of its US joint venture with Ford Motor, taking full control of the previously co-operated BlueOval SK ...
The ongoing talks over the sale of SK Group’s semiconductor wafer unit SK Siltron to Doosan Group are raising expectations that the deal could benefit both conglomerates, as the transaction is seen ...
SK hynix, a South Korean memory chip giant already listed on the KOSPI, is laying the groundwork for a potential U.S. listing that could reportedly raise an estimated $10 billion to $14 billion. The ...
South Korean battery maker SK Innovation laid off 958 workers — 37% of its Georgia plant workforce — as EV sales slow nationally. The plant supplied cells for Ford’s now-canceled electric F-150 ...
Battery company SK Battery America Inc. laid off nearly 1,000 workers at a manufacturing plant northeast of Atlanta on Friday amid automakers' changing electrification plans and uncertain consumer ...
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Ukrainian President Volodymyr Zelenskyy has said that Russia has offered the United States an economic cooperation package worth about US$12 trillion. Source: Ukrinform, a Ukrainian news agency, ...