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.
A group of South Korean insurers will invest 69 billion won ($60 million) in 29-year senior debt secured on Australia’s National Archives Preservation Facility in Canberra, attracted to its long maturity, as they are keen to extend asset durations ahead&hellip
The Construction Workers Mutual Aid Association (CWMAA) will acquire a language center building of the University of New South Wales (UNSW) in Sydney for A$71 million ($56 million), jointly with a South Korean insurance company. CWMAA, with $2.8 billion in&hellip
South Korean banks and institutional investors will provide $140 million in syndicated loans to a US gas-fired plant project in Pennsylvania, part of $460 million loans originated by BNP Paribas to build the power plant. Of the $140 million loans,&hellip