Top

Samsung Elec, SK Hynix shares slide, tracking falls in global chip stocks

By Ju-min Park

SEOUL (Reuters) – South Korea’s major chipmakers Samsung Electronics and SK Hynix fell 1.9% and 3.9%, respectively, on Thursday, following losses in global chip stocks.

Wall Street’s semiconductor index lost more than $500 billion in stock market value on Wednesday in its worst session since 2020 after a report said the United States was considering tighter curbs on exports of advanced semiconductor technology to China.

Samsung Elec, SK Hynix shares slide, tracking falls in global chip stocks
FILE PHOTO: Employee walk past the logo of SK Hynix at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong-Ji/File Photo