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24.06.26 - 01:36
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Foldable iPhone centers on South Korean OLEDs for supply in 2026 (Digitimes)
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Samsung Display (SDC) has reportedly won Apple's production approval for the OLED modules used in its first foldable iPhone and has officially begun production for initial shipments. Along with LG Display (LGD), the two South Korean makers will handle OLED orders across Apple devices in the second half of 2026....
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24.06.26 - 01:36
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Samsung′s Texas fab gains momentum with the arrival of ASML engineers (Digitimes)
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Samsung Electronics' foundry plant in Taylor, Texas, is showing signs of moving into equipment-level execution. Key engineers from ASML Korea, the Dutch lithography equipment giant's South Korean unit, have been dispatched to the Taylor facility and are expected to remain on site for roughly six to eight weeks, according to Korean industry publication DealSite....
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23.06.26 - 15:27
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Futures Slide As Tech Tumbles, Korea Crashes (ZeroHedge)
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Futures Slide As Tech Tumbles, Korea Crashes
US equity futures are sharply lower as a Semis/South Korea-induced selloff has spread globally slamming tech stocks and pushing SpaceX 3% lower and below its first day of trading price of $150. Nasdaq stocks lead sentiment and early trading lower with AI cost concerns back in focus, as Bloomberg notes that traders are pointing to a South Korean media report we first highlighted at 8pm last night, saying SK Hynix is slowing expansion of AI memory chip production and shifting emphasis to commodity DRAM. As of 8:00am S&P futures were -1.3%, and Nasdaq futures tumbled 2.7%, both near session lows. In premarket trading, Intel and Micron led a broader decline among chipmakers while SpaceX fell 4.3%, below its $150 initial trade price. Chinese equities in Hong Kong entered a bear market. Mag7s are dragging the indices lower with MSFT / telecom the safety valve. In Seoul, chip giants SK Hynix Inc. and Samsung Electronics Co. slumped more than 10%.?...
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23.06.26 - 13:48
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Stocks Hit by Global Tech Selloff | Bloomberg Brief 6/23/2026 (Bloomberg)
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US equity futures slump amid a global tech rout. South Korea's Kospi Index fell 10% from a record high as investors sell off chip heavyweights such as Samsung and SK Hynix. Amy Wu Silverman of RBC Capital Markets and Kevin Mahn of Hennion and Walsh Asset Management discuss the AI-related volatility in markets. (Source: Bloomberg)...
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23.06.26 - 13:36
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From record highs to a sharp fall: South Korea′s market plunged 10%, here′s why (Times of India)
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South Korea's stock market experienced a dramatic plunge, with the KOSPI tumbling nearly 10% after hitting record highs. Investors rushed to sell chip stocks, particularly Samsung Electronics and SK Hynix, amid concerns of excessive speculation and the impact of leveraged investment products. This sharp sell-off follows a strong year for the market, with attention now turning to US chipmaker Micron's earnings for sector direction....
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