After a spell of stagnation this year due to concerns over chip prices already hitting the peak, the share prices of semiconductor equipment makers rebounded across the board. The rebound came after an analysis prevailed that the semiconductor market entered the super cycle with the prices of memory chips showing a consistently upward trend.
Korea's major memory chip makers such as Samsung Electronics and SK Hynix are expected to expand semiconductor investment this year on the back of their record-breaking performances, which, in turn, would lead to an improvement in both financial results and stock prices for semiconductor equipment suppliers.
On April 17, the shares of TES, one of front-runners in Korea's semiconductor equipment industry, closed at 25,450 won, up 5.60 percent or 1,350 won from the previous trading day. Other semiconductor equipment makers, including Dongjin Semichem, Wonik Materials, AP System, and Eugene Tech, also rose 5.37 percent, 4.46 percent, 3.85 percent, and 2.31 percent, respectively.
Korea Investment Corporation (KIC) will open its third overseas office in Singapore as early as August in its push for alternative investments in Asia, according to a local newspaper report. The opening of a foreign office will come six years&hellip
South Korea’s Hanwha Asset Management Co. Ltd. will launch three global funds for infrastructure, real estate and private equity investments, with $1 billion commitments from two insurance units of its parent group. Hanwha Life Insurance Co. Ltd. and Hanwha General&hellip
An investment firm of South Korea’s Samsung Life Insurance Co. Ltd is forming a blind-pool real estate fund worth around 500 billion won ($443 million) with commitments from other Samsung financial units to acquire a building of the Organisation for Economic Co-operation&hellip