Samsung Electronics, SK Hynix... Now is the sale period, time to hold on without giving up / Semiconductors as strategic assets... Higher value | CEO Lee Kwon-hee

Summary

CEO Lee Kwon-hee discusses the recent selloff in Korean semiconductor stocks, attributing it to macro fears rather than fundamental damage. He argues that the AI-driven demand for memory chips remains strong, making the current weakness a buying opportunity for Samsung Electronics and SK Hynix. He warns against leveraged ETFs and highlights Micron's technical resilience as a positive sign, urging investors to hold through short-term volatility.

• Market selloff driven by macro noise (war fears, CPI) not fundamental deterioration.
• AI capex cycle continues, with China's massive data center investment intensifying global competition.
• Semiconductors have become strategic assets like oil, securing long-term demand.
• Samsung Electronics and SK Hynix are trading at record-low valuations (5-6x P/E), presenting a sale period.
• Investors should accumulate in tranches and hold through short-term volatility.
• Micron Technology's technical resilience suggests the memory upcycle remains strong.
• Leveraged ETFs on Korean semiconductor stocks are risky and should be avoided.
• SK Hynix's upcoming ADR listing could act as a catalyst for the sector.