Market Chatter: South Korea Talks Chip Investments with Samsung Electronics, SK Hynix

MT Newswires Live

06/24

South Korea is in discussions with chipmakers Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) over the next phase of large-scale semiconductor investments, Reuters reported Wednesday, citing presidential policy adviser Kim Yong-beom at a discussion panel.

Kim said that AI-driven demand growth may require the two chipmakers to boost planned chip facility construction by more than 10 years to 2034-2035, while the government looks for space to build a second semiconductor cluster, the report said.

Shares of Samsung Electronics rose more than 4% in recent trade, and those of SK Hynix fell over 2%.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EMXC","symbol_name":"iShares MSCI Emerging Markets ex China ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2645786157","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2645786157","pubTimestamp":1782275133,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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