Previous Close | 84,000.00 |
Open | 83,800.00 |
Bid | 83,500.00 x 0 |
Ask | 83,600.00 x 0 |
Day's Range | 83,000.00 - 85,100.00 |
52 Week Range | 73,100.00 - 124,500.00 |
Volume | |
Avg. Volume | 1,655,760 |
Market Cap | 57.591T |
Beta (5Y Monthly) | 0.92 |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | Apr 25, 2023 - May 01, 2023 |
Forward Dividend & Yield | 2,740.00 (3.46%) |
Ex-Dividend Date | Dec 28, 2022 |
1y Target Est | 112,591.00 |
The United States will likely limit the level of advanced semiconductors made by South Korean companies in China, a senior U.S. official said. In October, South Korea's Samsung Electronics and SK Hynix, the world's top memory chip makers, received an one-year reprieve from U.S. export restrictions aimed at thwarting Beijing's technological ambitions and blocking its military advances.
The United States will likely limit the level of advanced semiconductors made by South Korean companies in China, a senior U.S. official said. In October, South Korea's Samsung Electronics and SK Hynix, the world's top memory chip makers, received an one-year reprieve from U.S. export restrictions aimed at thwarting Beijing's technological ambitions and blocking its military advances. "What will likely be is a cap on the levels that they can grow to in China," said Alan Estevez, the U.S. Commerce Department's under secretary for industry and security, when asked what would happen after the waiver ended.
SEOUL (Reuters) -South Korea's SK Hynix Inc cautioned that the chip industry downturn, the worst in over a decade, will deepen further in the next few months as it posted a record quarterly operating loss on Wednesday. Market conditions will gradually improve later this year as chipmakers cut supply in response to the drop in global tech demand and clients buy chips again at low prices, said SK Hynix, the world's No.2 memory chipmaker after Samsung Electronics. "The recent drop in memory prices is the largest since the fourth quarter of 2008 ... industry-wide inventory is probably at an all-time high," SK Hynix's finance chief, Woohyun Kim, said in an earnings call.