Value of SK Group's listed firms exceeds W2000 trillion

Value of SK Group's listed firms exceeds W2000 trillion

The combined market value of SK Group's listed firms exceeded 2,000 trillion won ($1.3 trillion) for the first time Tuesday, mainly fueled by the recent surge of its memory chip maker, SK hynix Inc. The market capitalization of 19 listed firms making up the business conglomerate stood at some 2,019 trillion won, up 2.51 percent from the previous session's close, according to the Korea Exchange. In particular, SK hynix soared 4.11 percent to clos…

SK Group Market Cap Tops 2,000 Trillion Won

Nvidia CEO Jensen Huang (left) and SK Group Chairman Chey Tae-won pose for a fist bump at Kkanbu Chicken in Samseong-dong, Seoul, on June 7. [Photo provided by SK hynix] The market capitalization of SK Group has surpassed 2,000 trillion won (approximately $1,333 billion) for the first time in history. The total corporate value of the group surged significantly as SK hynix, the leader in the artificial intelligence (AI) memory market, hit new rec…