China Chip Scare Sends KOSPI Down 5.5% | October 14 2026 | Front Page Daily

Episode Description:
A Chinese DRAM reveal hit Korea’s chip giants and pushed the KOSPI below 6,000 intraday.
The KOSPI fell 5.46% on October 13 to close at 6,035.35, after briefly dropping below 6,000 for the first time since July 31. Samsung Electronics lost 7.39% and SK hynix 10.09% after China’s CXMT unveiled next-generation DRAM technology, and a sell-side sidecar was triggered for the first time in 35 trading days. Over five sessions, market value fell by 794 trillion won (about $590 billion) to 4,979 trillion won (about $3.70 trillion), and foreign investors’ net selling this year passed 200 trillion won (about $149 billion). We also cover the IMF’s upgrade of Korea’s 2026 growth forecast to 3.3%.

Sources:

Another China Chip Scare Pushes Korea’s Market Cap Below 5,000 Trillion Won (About $3.72 Trillion) — Seoul Economic Daily, October 14, 2026
IMF: Korea Should Save Excess Tax Revenue for Future Crises — Seoul Economic Daily, October 14, 2026

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AI PRISM is Seoul Economic Daily’s WAN-IFRA award-winning newsroom AI series, delivering Korean economic news adapted for global audiences. Episodes are produced with AI assistance and reviewed by a human editor.

Tags:
#KOSPI #Samsung #SKhynix #CXMT #DRAM #KoreaStocks #IMF #AIPRISM #SeoulEconomicDaily #WANIFRA