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09.07.26 - 08:06
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Samsung eyes broader Exynos 2700 use in Galaxy S27 (Digitimes)
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Samsung Electronics is reportedly set to expand use of its in-house mobile application processor, Exynos 2700, across the Galaxy S27 flagship series slated for 2027. Money Today and KBench, citing industry sources, reported that Samsung plans to equip most Galaxy S27 standard, Plus, and Pro models in most markets with Exynos 2700, while using Qualcomm Snapdragon chips for the US market. The top-end Ultra model, however, is still likely to use Snapdragon across the board....
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08.07.26 - 16:39
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South Korea Falls Into Bear Market As Memory Euphoria Fizzles (ZeroHedge)
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South Korea Falls Into Bear Market As Memory Euphoria Fizzles
It started off with the usual morning rush by retail momentum chasers into the handful of massive, market-moving names (read Samsung Electronics and SK Hynix), but as has been the case over the past two weeks, the initial euphoria quickly reversed and the Kospi rolled over, closing down 5.4%, 9.99% over the past two days, and down 22% from the all time high of 9385 hit just over 2 weeks ago on Jun 18.
... officially entering a technical bear market as investors express growing concerns about the long-term prospects of the AI chipmakers that have driven a world-beating rally.
To be sure, the Kospi is still the world's top-performing major stock index this year, having returned more than 70% in local currency terms. but the momentum is clearly to the downside, and finding dip buyers who are willing to hold more than just a few minutes is becoming especially difficult.
On Wednesday, the market's two largest constituents, Samsung E...
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