Economy / Markets
Korean chip stocks rebound as SK hynix and Samsung results approach
Korean chipmakers led an early rebound in Seoul, with Samsung Electronics up 2.82 per cent and SK hynix up 3.45 per cent after the Philadelphia semiconductor index gained 2.82 per cent in New York. The Kospi had closed 1.46 per cent lower at 5,469.47. SK hynix reports third-quarter results on 28 October and Samsung on 29 October, with the Fed decision the same week — the tests analysts say will decide whether the rebound holds.