Samsung, SK hynix suffer worst weekly stock rout since 2008
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South Korean chip giants Samsung Electronics and SK hynix suffered their steepest weekly share declines since the 2008 global financial crisis, battered by record foreign selling amid concerns over US interest rates, an AI investment bubble and intensifying competition from Chinese memory chipmakers. According to the Korea Exchange, Samsung Electronics shares plunged 17.8 percent from Monday to Friday, falling from 262,000 won to 215,500 won ($195 to $160). It was the stock's sharpest weekly dro
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- https://www.koreaherald.com/article/10906189
- Published
- 18/10/2026 05:34 UTC
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- 19/10/2026 02:44 UTC
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