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June 24 Closing Market Conditions: Will Semiconductors Revive? Key Market Trends Before Micron's Earnings Announcement

[June 24th Closing Market Conditions] Will Semiconductors Revive? Market Trends You Must See Before Micron's Earnings Announcement | Hong Seonae, Lee Gwonhui, Jang Woojin [Closing Bell Live]
Watch on YouTube ↗  |  June 24, 2026 at 08:27  |  1:17:11  |  3PRO TV (삼프로TV)
Speakers
Lee Kwon-hee — CEO, Economist
Jang Woo-jin — Writer

Summary

On June 24, Korea's KOSPI rebounded 3.26% led by Samsung Electronics, which regained top market cap after an abnormal drop the previous day. Lee Kwon-hee and Jang Woojin discussed the Samsung vs SK Hynix valuation normalization, recommended avoiding new buys in Korean biotech and KOSDAQ, highlighted resilience in front-end semiconductor equipment stocks, and stressed the critical importance of Micron's upcoming earnings for near-term market direction. They also noted risks from persistent foreign selling and won weakness.

  • KOSPI bounces 3.26% to 8,471; KOSDAQ up 2% to 909
  • Samsung Electronics surges 9.8%, reclaims market cap lead over SK Hynix
  • Lee Kwon-hee argues Samsung is fundamentally cheaper and should outperform Hynix
  • Jang Woojin warns KOSDAQ is in a weak market; advises against new buys
  • Korean biotech rally seen as speculative catch-up, not fundamental; new entries discouraged
  • Front-end semiconductor equipment stocks (Yujin Tech, Wonik IPS, etc.) hold up well on capex expectations
  • Micron earnings tonight are a pivotal event that will determine next moves
  • Foreign selling reaches 5 trillion won net, won/dollar rises sharply to 1,545
Ideas
Lee Kwon-hee CEO, Economist 5:27
Samsung Electronics cheap, should outperform Hynix.
Samsung Electronics is undervalued relative to SK Hynix. The recent market cap inversion where SK Hynix briefly passed Samsung was abnormal and driven by short-term supply/demand, not fundamentals. Samsung has higher earnings (EPS) and with both companies at similar P/E multiples, Samsung should trade at a higher valuation. Samsung's forward P/E of 5.8x is cheap. Normalization will cause Samsung to outperform and catch up.
005930.KS HIGH
Jang Woo-jin Writer 37:53
KOSDAQ weak market, avoid new buys.
KOSDAQ has broken its recent lows, confirming entry into a weak/declining market. The technical breakdown indicates a fragile environment. New purchases and chasing rallies should be avoided. Only experienced long-term investors should consider any entries.
KOSDAQ Index HIGH
Jang Woo-jin Writer 38:35
Avoid new Korean biotech positions.
Korean biotech's rally today is not driven by fundamentals but merely a catch-up to the US biotech index which hit all-time highs. Korean biotech is structurally cyclical and sensitive to interest rates, unlike defensive US biotech. The sector lacks sustainable earnings momentum. New buying is risky; existing holders should use the bounce to reduce positions.
Korean Biotech MED
Jang Woo-jin Writer 48:07
Front-end equipment stocks strong on capex cycle.
Front-end semiconductor equipment stocks are resilient and rose today despite overall market volatility. They are supported by expectations of future orders tied to semiconductor capacity expansion targeting 2028. Historically these stocks peak just before actual orders, and current anticipation phase keeps them strong. Companies like Yujin Tech, Wonik IPS, TES, PSK, and VM all gained, showing sustained investor confidence in the capex cycle.
Yujin Tech WONIK IPS 095610.KQ PSK VM MED
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3PRO TV (삼프로TV) · Jun 24

This 3PRO TV (삼프로TV) video, published June 24, 2026, features Lee Kwon-hee, Jang Woo-jin discussing 005930.KS, KOSDAQ Index, Korean Biotech, Yujin Tech, WONIK IPS, 095610.KQ, PSK, VM. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Lee Kwon-hee, Jang Woo-jin  · Tickers: 005930.KS, KOSDAQ Index, Korean Biotech, Yujin Tech, WONIK IPS, 095610.KQ, PSK, VM