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Cash-rich SK hynix readies AI expansion

SK hynix has secured some 30 trillion won ($22 billion) in cash and short-term financial instruments, reinforcing its financial firepower as it accelerates investments in artificial intelligence semiconductors, facilities and research and development.According to data released by the Financial Supervisory Service on Wednesday, the chipmaker held 14.92 trilli..

Hyundai Motor, Kia beats Toyota in operating profit
AsiaToday reporter Kang Tae-yoon Hyundai Motor Group topped others among the world’s five biggest carmakers including Toyota and Volkswagen, in terms..

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