KORU is trading 7.58% down at $16.65 as South Korean equities face renewed semiconductor-stock pressure.
- On October 12, the Kospi fell 3.7%, weighed by chipmaker selling and continued foreign investor outflows.
- Reports cited rising competition concerns after Chinese chipmaker CXMT advanced its memory technology, pressuring Samsung Electronics and SK Hynix. KORU’s South Korea exposure makes the sector decline relevant; no KORU-specific announcement was identified.