If Samsung and SK hynix are enough, the next choice is 'this'

Summary

The panel discusses a strong KOSDAQ relief rally driven by flows rotating out of Samsung and SK hynix. Lee Kwon-hee, CEO of Wizwave, argues Apple's memory sourcing threat is a bluff and views the memory pullback as a buying opportunity. He highlights a 20-year semiconductor equipment cycle, a recovery in secondary batteries led by LG Energy Solution, and specific picks in cosmetics (APR, Dalba Global) and PharmaResearch.

• KOSDAQ surges 8% on thin volume; a real trend change needs a break above 960 points with volume.
• Apple’s CXMT threat is not credible; Samsung Electronics and SK hynix are buys on dips due to HBM demand and tight supply until 2026.
• The mega semiconductor cluster launch signals a 20-year equipment capex cycle, putting Korean semiconductor equipment stocks on the radar.
• Secondary battery sector seen as attractive with leaders Samsung SDI, EcoPro, and L&F in play; LG Energy Solution could rally on Q2 profit.
• Cosmetics sector positive: APR and Dalba Global are favored over expensive Amorepacific.
• PharmaResearch remains resilient with solid earnings and a boost from returning Chinese tourists.
• Biotech still lacks a confirmed trend reversal; existing holders can stay, but fresh buying should wait.