KOSPI Drops 5% as China’s CXMT Chip Advance Hits Samsung and SK Hynix

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The South Korean KOSPI index fell 4.06% as China’s CXMT advanced a denser DRAM design. This technological breakthrough impacted Samsung and SK Hynix, the country’s two major chipmakers that together represent half the index. Investors fear that China could challenge South Korea’s dominance in the semiconductor sector.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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