Samsung Electronics is trading 3.53% down at KRW 259,500 after broad risk-off selling hit South Korean technology shares.
- Seoul Economic Daily attributed the decline to weaker U.S. equities, higher oil prices and bond yields, reflecting renewed inflation and interest-rate concerns.
- Semiconductor peers also fell: SK hynix declined 3.40%, while its U.S. ADRs fell 5.20%.
- Lee Jae-yong’s planned off-market share purchase is not a negative catalyst.