Chip Rally Deepens KOSDAQ Biotech Slump[K-Bio Pulse]

[Kim Sae-mi, Edaily Reporter] On June 22, South Korea’s benchmark KOSPI market saw a symbolic changing of the guard Samsung Electronics, which had held the No.

1 spot by market capitalization for 24 years, ceded the throne to SK hynix.

As of the day’s close, SK hynix’s market capitalization stood at 2080.3782 trillion won, while Samsung Electronics’ came to 2066.6595 trillion won, based on common shares.