Powered by chipmakers Samsung Electronics and SK Hynix, South Korea is seeing a surge in wealth, but there are questions over who gets to share in the profits
When South Korea’s most high-profile divorce case returned to court last month, the lawyers were arguing not just about the breakdown of a relationship, but also the exact date at which to value shares in one specific company.
The judges’ decision in Seoul could change the value of business tycoon Chey Tae-won’s assets by billions of dollars. The shares were in the holding company behind SK Hynix, the manufacturer of chips powering AI systems around the world.
Powered by chipmakers Samsung Electronics and SK Hynix, South Korea is seeing a surge in wealth, but there are questions over who gets to share in the profitsWhen South Korea’s most high-profile divorce case returned to court last month, the lawyers were arguing not just about the breakdown of a relationship, but also the exact date at which to value shares in one specific company.The judges’ decision in Seoul could change the value of business tycoon Chey Tae-won’s assets by billions of dollars. The shares were in the holding company behind SK Hynix, the manufacturer of chips powering AI systems around the world. Continue reading…
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