For 27 years, South Korea’s corporate hierarchy was set in stone: Samsung Electronics ruled at the top, and everyone else fought for second place. On June 22, that order finally cracked. Riding the global frenzy for artificial intelligence hardware, memory maker SK Hynix edged past Samsung to become South Korea’s most valuable listed company. Korea Exchange data shows SK Hynix’s market cap at ₩2,091 trillion (about $1.35 trillion), just above Samsung’s ₩2,090 trillion. It’s the first time since 1999 that the latter has been knocked off the top of the KOSPI index. Two decades ago, SK Hynix was a struggling … The post 27-year reign ends: SK Hynix overtakes Samsung as South Korea’s most valuable company appeared first on REVU…Read More
27-year reign ends: SK Hynix overtakes Samsung as South Korea’s most valuable company
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