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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..

Game giant Tencent looks to acquire S. Korean game company
AsiaToday reporter Kim Na-riThe South Korean game industry is fluctuating as Tencent is reportedly looking at a potential acquisition of a local game compa..

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