Business2 sources
South Korea's Semiconductor Market and Kosdaq Index Report Positive Trends
- South Korea's finance minister forecasts the semiconductor market to remain strong at least through 2027.
- The Kosdaq index in South Korea experienced a 5.35% increase on Friday, reaching 801.56.
- The sharp rally in the Kosdaq index triggered a five-minute curb on program buy orders.
- The semiconductor market is expected to stay tight despite a global chip sell-off.
- The positive market trends are attributed to strong demand and supply constraints.