The SK Group has secured a 1.47 percent stake in BYD Semiconductor for 25.5 billion won.
The stake was acquired through SK China Co., one of the leading investors in BYD Semiconductor and among the China-based affiliates of SK.
BYD Semiconductor, a unit of China's largest electric vehicle (EV) producer, manufactures automobile sensor chips.
It recently raised 461.7 billion won, following its spin-off from BYD.
The other investors in BYD Semiconductor include Chinese smartphone manufacturer Xiaomi, and chipmaker SMIC, and British chip designer ARM.
SK Group, South Korea's third-largest conglomerate, is expanding in the future mobility sector.
The group's refining and chemicals affiliate, SK Innovation Co., produces EV batteries, while telecom unit SK Telecom Co. is involved in autonomous driving solutions.
It also owns SK Hynix Inc., the country's second-largest memory chip maker.


TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 



