SK Hynix rises to top in Korea

SK Hynix has displaced Samsung Electronics from the top of South Korea's most valuable companies, due to the booming artificial intelligence sector and the increasing demand for high-bandwidth memory chips used in AI systems. Shares of SK Hynix have surged over 340% this year, pushing its market value to $1.353 trillion, while Samsung's value stands at approximately $1.351 trillion after excluding preferred shares. This development reflects a significant shift in the industry, with the company mainly focusing on memory chips and achieving record operating profits after years of decline.

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