The Latest Breaking News from Chey Taewon

South Korea's 'Divorce of the Century' Could Have Cost $940M: SK Billionaire Now Owes His Ex-Wife $644M

South Korea's landmark divorce case involving SK Group Chairman Chey Tae-won has him ordered to pay $644M to his ex-wife. The legal battle raises questions for one of the country's largest conglomerates.

International Business Times UK · Jul 27

Billionaire Who Left His Wife For A Younger Woman Ordered To Pay Her Insane Amount In The ‘Divorce Of The Century’

A South Korean billionaire was ordered to pay his ex-wife $645 million after a years-long divorce battle.

Bored Panda · Jul 25

South Korea's SK Hynix, Samsung Electronics sign $950 billion partnership with US big tech

The partnership includes the long-term supply of $750 ​billion in memory ​chips to US companies by SK Hynix ‌and $200 billion in chips ​by Samsung ​Electronics ⁠to Broadcom, the presidential adviser, Kim Yong-beom, ​said at a briefing.

The Economic Times · Jul 25

'There are limits to how much prices can be raised' says SK hynix chairman about memory crisis but I'm not sure the market will care

Will more supply be enough?

PC Gamer · Jul 20

AI memory shortage threatens to trigger geopolitical strain, warns SK Group chief

SK Group Chairman Chey Tae-won warned that the global shortage of artificial intelligence memory chips could escalate into a geopolitical issue, predicting that memory demand will far outpace supply through 2027 despite aggressive capacity expansion efforts.

The Economic Times · Jul 20

Memory chip boss admits RAM prices are 'abnormally high' — SK Group chairman considering building a semiconductor plant in the US to expand supply, calm ‘chipflation’

SK Group Chairman Chey Tae-won said that prices for memory chips are "abnormally high" and that the industry must take steps to increase production and reduce prices. If it fails to do that, new entrants could challenge the incumbent leaders and make the market much more competitive, especially once demand…

Tom’s Hardware · Jul 19

SK Hynix is a golden goose. It has to lay more eggs

Investor enthusiasm stems from the fact that SK Hynix has morphed into a golden goose. It’s the world’s second-largest supplier of dynamic random-access memory chips, or DRAM, and the biggest when it comes to the high-bandwidth ones that are paired with Nvidia Corp.’s graphics processing units.

The Economic Times · Jul 13

How SK Hynix just pulled off the second-largest U.S. share sale by quietly powering the AI boom

With a $26.5 billion Nasdaq debut, the South Korean manufacturer caps off a long, strange path from memory-chip also-ran to AI powerhouse

Fortune · Jul 11

SK Hynix shares jump in marquee US debut as AI euphoria persists

SK Hynix's Nasdaq debut saw its shares jump significantly after a large share sale. This event signals strong investor enthusiasm for chip stocks amid the AI revolution. The company's offering was oversubscribed, meeting strong demand for AI-memory themes. SK Hynix is a leading maker of essential high-bandwidth memory chips for…

The Economic Times · Jul 11

SK Hynix shares jump 14% in debut on US stock market riding on AI wave

SK Hynix shares surged on their Nasdaq debut, showing strong investor interest in chip stocks. The company's offering attracted significant demand, exceeding expectations for memory chip market strength. This listing provides SK Hynix direct access to a large investor pool for future expansion. The firm leads in high-bandwidth memory chips…

The Economic Times · Jul 10