Samsung Electronics reported the most profitable quarter in its history on Thursday, with operating profit of 107.4 trillion won on revenue of 195.3 trillion won, and still watched its shares close more than 4% lower.  At one point they were down 6.6%. The KOSPI, which had broken above 6,000 the day before, slipped back under […]

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South Korea's central bank has warned that semiconductor exports could shrink by as much as $100 billion if worldwide artificial intelligence spending cools sharply. The Bank of Korea modelled a deliberately pessimistic scenario to measure the trade-reliant economy's exposure to concentrated AI-driven chip demand.

On September 30, SK Hynix’s American depositary shares closed at US$184.15 on the Nasdaq. Earlier that day in Seoul, one ordinary share closed at 1,776,000 won, about $1,308.80. Ten ADSs represent one Seoul share, so each ADS’s slice was worth about $130.88. Comparing those two closing prices gives the ADSs a 40.7% premium. The markets […]

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