{
  "id": 11406033,
  "title": "South Korean AI chip tycoon to sell US$700 million stake in SK Corp after divorce ruling",
  "url": "https://urgent.news/2026/10/02/south-korean-ai-chip-tycoon-to-sell-us-700-million-stake-in-sk-corp",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-02T09:17:00.000Z",
  "source": {
    "name": "Straits Times Business",
    "slug": "straits-times-business",
    "url": "https://www.straitstimes.com/business/south-korean-ai-chip-tycoon-to-sell-us700-million-stake-in-sk-corp-after-divorce-ruling"
  },
  "original_language": "en",
  "account": "South Korean AI chip magnate Chey Tae-won plans to sell a 2.26% stake in SK Corp, valued at approximately 944 billion won (S$894.5 million), to settle a divorce claim, the company announced on October 2. The sale will commence on November 2, following a South Korean court's ruling that ordered Chey to pay 944 billion won to his ex-wife Roh Soh-yeong, a record-breaking award. Despite the significant financial impact, Chey will retain his position as the largest shareholder in SK Corp, the holding company of the conglomerate's flagship chipmaker SK Hynix, with a 15.49% stake.",
  "summary": "He will remain the top shareholder of the holding firm of the South Korean conglomerate.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}