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GgoogleSG first seen 12 h ago, last 9 h ago, peak #3

Samsung slips as Korean chipmakers face Chinese competition

Original: samsung

Shares in Samsung Electronics and other Korean chipmakers slid in Asian trading after Chinese memory producer CXMT was seen as a growing competitive threat. The decline left Asian stock markets mixed, with semiconductor names leading losses. Investors are weighing the impact of cheaper Chinese memory chips on Korean firms' pricing power and earnings outlooks.

Why now: Samsung's stock slid on news that Chinese chipmaker CXMT poses a competitive threat, moving markets across several countries.

Samsung ElectronicsCXMTSK HynixInvesting.com

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Rank over time, top of the chart is #1. 12 snapshots from 12 h ago to 9 h ago.

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