SK Inc. Acquires Controlling Stake in SiC Power Chip Maker

SEOUL, April 27 (Korea Bizwire) — SK Inc., the holding company of South Korean conglomerate SK Group, said Wednesday it is acquiring a majority stake in a local silicon carbide (SiC) power semiconductor manufacturer as it seeks to further advance into electric vehicle component business. SK said it is spending 120 billion won (US$94.8 million) [...]