KOSPI Plummets as Market Capitalization Evaporates: Experts Predict Volatile Trends to Continue
Money Today Reporter Hong Soon-bin | 2024.04.21 14:31 [주간증시전망] The KOSPI line collapsed 2600. This month alone, 127 trillion gained in market capitalization evaporated. Large-cap stocks such as Samsung Electronics and SK Hynix, which were up at the start of the year, are also experiencing steady declines. Stock market experts predict that the volatile stock […]
Market Recap: KOSPI Index Surges on Foreign Buying, Semiconductor Stocks Lead the Way
Money Today Reporter Park Soo-hyun | 2024.03.29 16:30 tomorrow’s strategy /Illustration=Jongcheol Lim, Design Reporter The KOSPI index closed on a strong note thanks to foreign buying. Although there was no significant news, semiconductor majors Samsung Electronics and SK Hynix pushed the index up by closing at 80,000 and 180,000 units, respectively. Stocks with low price-to-book […]
SK Hynix Denies Reports of Korean Government Pressure for Kioxia and Western Digital Merger
Money Today Reporter Han Ji-yeon | 2024.03.04 15:02 A panoramic view of SK Hynix’s M14 factory in Icheon, Gyeonggi-do/Photo = SK Hynix Regarding the Japanese newspaper Asahi’s report that the Korean government pressured SK Hynix to persuade it to agree to the merger of Japan’s Kioxia and America’s Western Digital (WD) . SK Hynix responded, […]
Recent Trends in Financial Markets: February 23, 2024 Update
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SK Hynix CEO Kwak No-jeong to Deliver Commencement Address at Korea University’s 117th Semester Ceremony
SK Hynix CEO Kwak No-jeong will deliver a congratulatory address at Korea University’s 117th semester commencement ceremony to be held on the 23rd. President Kwak is a member of the Class of 1984 in the Department of Materials Engineering at Korea University, and received a master’s degree and a doctorate in materials engineering from the […]
Liaoning Province Sees Growth in Investment Funds, Boosting Economic Performance
Economic Growth in Liaoning Province Demonstrates Promising Investment Potential Liaoning Province’s investment funds experience remarkable growth The Liaoning Provincial Government Information Office conducted its fourth series of press conferences on October 25, focusing on the economic performance of Liaoning Province during the first three quarters of 2023. The conference highlighted the province’s efforts in promoting […]
US Government Allows American Semiconductor Equipment Export to Samsung and SK Hynix in China
US Government Allows Supply of American Semiconductor Equipment to Samsung and SK Hynix’s Chinese Factories Choi Sang-mok, Senior Secretary for Economic Affairs, Commends Government and Companies for Successful Collaboration In a significant development, the United States government has granted permission to supply American semiconductor equipment to Samsung Electronics and SK Hynix’s factories in China, without […]
SK Hynix Continues to Lead HBM Memory Semiconductor Market with Challenges and Innovations
SK Hynix’s Challenge in the HBM Market Money Today Reporter Lee Jae-yoon | September 28, 2023, 10:15 The driving force behind SK Hynix’s success in leading the next generation HBM (High Bandwidth Memory) memory semiconductor market is their commitment to taking on challenges. This management philosophy, established by the late SK Group Chairman Choi Jong-hyeon […]