South Korean court orders SK Chairman Chey to pay record $640 mln in divorce - Reuters

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A South Korean court ordered SK Group Chairman Chey Tae-won to pay a record divorce settlement between $640 million and $645 million, marking Korea's largest ever. This legal decision is linked to the AI chip boom benefiting SK Hynix. The court ruled that the chairman held a just claim to a portion of his SK Inc. shares. The ruling establishes a significant financial precedent regarding the assets of the SK Group leader.