Shares of South Korean chip giants experienced diverging trends: Samsung surges, SK hynix dips
Seoul [South Korea], July 21 (ANI): Stock prices of South Korea’s leading chipmaker Samsung Electronics and crosstown rival SK Hynix have witnessed different trajectories, pricing in contrasting outlooks for their business prospects, as reported by the Korean Herald.
On Friday, Samsung Electronics closed at 67,100 won (USD 48.15), reaching its highest price this year. Meanwhile, SK Hynix ended the day at 269,000 won (USD 193.30), down more than 10 percent from its 52-week high of 306,500 won (USD 220.24) on July 11.
