The popularity of risky leveraged chip ETFs in South Korea prompted regulators to cap individual exposure and mandate a weeklong investor education course (Financial Times)
Leveraged single-stock ETFs attracted billions of dollars of net inflows even as they plunged during market sell-off
South Korea's SK Hynix is considering establishing a memory chip manufacturing plant in Japan's Miyagi prefecture, potentially investing tens of trillions of won in the project, according to a report by the Hankyoreh newspaper on August 21. Industry sources cited by the newspaper suggest that SK Hynix is pursuing this investment as it seeks to bolster production capacity in the face of increasing global demand for memory chips.
SK Group Chairman Chey Tae-won recently toured the region, which is recognized by Japan as one of its key semiconductor industry hubs. If this plan proceeds, it would represent the inaugural large-scale semiconductor manufacturing investment in Japan undertaken by a South Korean chip manufacturer, per the report. SK Hynix has not yet responded to inquiries regarding the reported initiative.
Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
