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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..

Naver shares fall amid controversies
AsiaToday reporter Chun Hyun-binShares of South Korean internet giant Naver Corp. fell sharply after the company was swept in several controversies includi..

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