00:00China only announced a DRAM launch, and the Kospi collapsed.
00:04It even triggered a sell-side sidecar for the first time in two months,
00:07after Chinese chipmaker CXMT said it will release next-generation server DRAM by year-end.
00:13Warning lights came on for Samsung Electronics and SK Hynix.
00:17Chip stocks wobbled on Wall Street, too.
00:20The Philadelphia Semiconductor Index fell 2.67%, and Micron dropped 3.88%.
00:26At home, Samsung Electronics and SK Hynix.
00:30Fell 3-4% early in the session.
00:32In the end, a sell-side sidecar was triggered on the Kospi.
00:36As Kospi 200 futures plunged, program selling orders were suspended for five minutes.
00:42But what matters is that China has not yet proven it can mass-produce.
00:47Shares wobbled on a launch plan alone, which shows how much anxiety
00:51over chipmakers' future profits has grown.
00:54On top of that, foreign investors have been net sellers
00:57of Korean stocks for six straight sessions,
00:59The Kospi has fallen nearly 9% over the past four sessions.
01:04With fears of China's catch-up, now compounded by foreign selling,
01:07all eyes are on whether the Kospi can stop falling further.
01:10The Kospi 200-4% over the past four sessions are on whether the Kospi is a good one.
01:10The Kospi 200-4% over the past four sessions are on whether the Kospi is a good one.
