BUSINESSJun 29 · 07:25 UTCBLOOMBERGSangmi Cha

Korean Stocks Rebound as Samsung, SK Hynix Unveil Spending Plan

Korean stocks rebounded as Samsung Electronics Co. and SK Hynix Inc. announced large-scale investments in memory chips, data centers, and robotics. The plan was unveiled alongside South Korea's President Lee Jae Myung during a news conference at the presidential Blue House.

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Mentioned

Chey Tae-wonpersonLee Jae MyungpersonJay Y. LeepersonSamsung ElectronicsorganizationSK HynixorganizationSK GrouporganizationSouth KoreaplaceBlue Houseplacememory chipstopicdata centerstopicroboticstopic

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