SK Hynix tops South Korea's valuation
SK Hynix, a company specializing in memory chip manufacturing, has become the most valuable company in South Korea, surpassing Samsung Electronics. This achievement was driven by strong global demand for AI-related semiconductors, which caused its shares to soar by over 340% this year, boosting its market capitalization to around $1.35 trillion. The company is now a global leader in the memory chip market after previously struggling with debt burdens and declining prices.
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