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Quantinuum founder Ilyas Khan has become a billionaire after the quantum computing firm's Nasdaq debut valued the company at more than $15.6 billion. The U.S.-U.K.-based startup raised $1.68 billion in its June 3 debut, the largest stock market listing by a quantum computing company to date, valuing Khan's stake at approximately $2.2 billion, Forbes reported. Quantinuum sold 28 million shares at $60 each in the offering. The stock opened at $58 on June 9. Khan, 64, owns about

LG Innotek, an affiliate of South Korea's LG Group, has announced a plan to build its first semiconductor substrate plant in Vietnam. LG Innotek signed a memorandum of understanding (MoU) with the Hai Phong municipal government on June 4 at LG Science Park in Seoul for the investment project. Under the agreement, LG Innotek will construct the new facility in Hai Phong through its Vietnamese manufacturing subsidiary. Construction is scheduled to begin next month and be complet