[Featured Stocks] Semiconductor-Related Shares Including Samsung Electronics and DB HiTek Rise Together

[Asia Economy Reporter Lee Seon-ae] Semiconductor-related stocks are rising in unison. This is interpreted as a result of the overall improvement in the semiconductor market, including news that the U.S. Joe Biden administration will issue an executive order to improve the supply of automotive semiconductors, as well as favorable export indicators for February.

As of 9:35 a.m. on the 16th, Samsung Electronics is trading at 85,900 KRW, up 2.02% from the previous day. During the session, it rose to 86,000 KRW. SK Hynix is up 1.14% at 133,500 KRW, and DB HiTek is recording 66,600 KRW, up 2.625%. In addition, Dongjin Semichem, EO Technics, Tesna, and ENF Technology are all showing upward trends.

According to the export-import status announced by the Korea Customs Service for February 1?10, semiconductor exports surged 57.9% compared to the same period last year. Last month, semiconductor exports also increased by 20.6%, marking seven consecutive months of growth. This is attributed to the rebound in DRAM fixed transaction prices after eight months. In particular, exports of MCP (Multi-Chip Package), a memory semiconductor for smartphones, are estimated to have increased by 48.6%.

Kim Young-geon, a researcher at Mirae Asset Daewoo, said, "Considering that export amounts tend to be lower at the beginning of the month compared to the end of the month, the total semiconductor export amount for February is expected to be strong," and predicted that the rise in DRAM prices and the recovery of MCP demand will continue.