Article #68514

The Guardian - World News

The Guardian - World News

Title 3,000% bonuses but a growing wealth divide: South Korea grapples with its AI chip boom Source The Guardian - World News
Description

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.

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Link https://www.theguardian.com/world/ng-interactive/2026/jul/03/south-korea-wealth-divide-ai-chip-boom Published At 2026-07-02 22:34:40 (4 days ago)
Created At 2026-07-02 22:52:23 Updated At 2026-07-02 22:52:23