South Korea KOSPI Plunges 5% as Samsung and SK Hynix Drop 8%

KOSPI index losses widen to 5% amid sharp sell-off. Samsung Electronics and SK Hynix both decline by 8%, signaling broad-based weakness in South Korean tech equities.

Woofun AI data shows that the South Korean KOSPI index expanded its morning decline to 5% on August 3. Major semiconductor firms Samsung Electronics and SK Hynix each recorded losses of 8% during the trading session.