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Technology Stocks : Semi Equipment Analysis
SOXX 312.18-0.2%Dec 9 4:00 PM EST
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From: Sam6/7/2019 7:36:00 PM
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Major South Korean Manufacturers in Dire Situations
By Jung Min-hee

June 7, 2019, 09:04

Many South Korean semiconductor and display manufacturers posted negative earnings surprises in the first quarter of this year. Their operating profits are likely to get even worse in the second quarter.

Uncertainties are mounting in the markets as the U.S.-China trade war is escalating. The two superpowers are putting more and more pressure on the South Korean companies and the ongoing economic recession is accelerating. Things are unlikely to get better in the near future.

continues at businesskorea.co.kr


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