A reported potential tie-up with Apple Inc. made South Korea’s second-richest family even richer.
Shares of Hyundai Motor Co. jumped as much as 25% in Seoul Friday -- the most since 1988 -- after South Korean media said the carmaker was in talks with the U.S. tech giant over developing self-driving vehicles. Hyundai initially confirmed the report before dialing it back to excise any mention of Apple, saying it had been receiving requests to cooperate on the technology from a number of companies.
Regardless, the stock surge boosted the combined fortune of Hyundai Motor Group Chairman Euisun Chung and
Regardless, the stock surge boosted the combined fortune of Hyundai Motor Group Chairman Euisun Chung and