[Special Stock] DB HiTek Falls Sharply 12.81% Caught in the 'Bunsaui Trap'

[Asia Economy Reporter Hwang Junho] DB HiTek's stock price is plummeting in the market on the 12th following news of spinning off its semiconductor design business.

On this day, DB HiTek's stock price is trading at 42,200 KRW, down 12.81% from the previous close. The decline in stock price appears to be a result of the news that DB HiTek plans to spin off its semiconductor design division, the 'Brand Business Unit,' within this year.

In this regard, the Korea Exchange's KOSPI Market Division requested a disclosure inquiry by 6 p.m. on the same day regarding the spin-off of the semiconductor design business.