[Special Stocks] Samsung Electronics and SK Hynix Fall Together Amid Trump Strength

Leading domestic semiconductor stocks are showing a simultaneous decline as the possibility of former U.S. President Donald Trump's re-election increases following President Joe Biden's withdrawal from the presidential race.

As of 9:57 a.m. on the 22nd, Samsung Electronics is trading at 83,200 KRW on the KOSPI, down 1.42% from the previous close. SK Hynix has retreated 3.10% to 203,000 KRW.

The growing likelihood of former President Trump's re-election, who has been targeting Taiwan's semiconductor industry, is interpreted as causing domestic semiconductor stocks to also weaken together.

Recently, former President Trump stated in an interview with Bloomberg Businessweek that "Taiwan has taken 100% of the (U.S.) semiconductor business," and added, "In my opinion, they should pay defense costs to the U.S." He also pointed out that "the U.S. is no different from an insurance company."