Name: Will the semiconductor monopoly continue in the second half? | Park Byung-chang, MP Partners CEO [Market Inside]
Uploaded: 2026-06-30T00:31:48+00:00
Duration: 2494 s

Speakers

Park Byeong-chang — Director, MP Partners

Summary

Park Byung-chang, CEO of MP Partners, reviews a US market session where chip equipment stocks soared on Korean capex and big tech rebounded on rebalancing flows. He maps out a second-half rotation away from Korea's semiconductor monopoly into biotech, cosmetics, entertainment, power infrastructure, and robotics. He highlights specific longs in power equipment, LG Electronics on the European heatwave, and a KOSDAQ dip-buy entry, while setting the KOSPI 8,700 level as the key breakout to watch.

US chip equipment jumps as Samsung and SK hynix announce mega investments
Tesla and mega-cap tech rebound on semi-annual rebalancing flows
Korea expected to transition from semiconductor dominance to a broader rally
Sectors to favor in H2: biotech, cosmetics, entertainment, power equipment, robotics
LG Electronics seen as a direct beneficiary of Europe's heatwave via ductless AC
KOSPI's 8,700 point level is the critical breakout trigger for further buying
KOSDAQ bought on the dip as a rebound signal emerges and first tranche is initiated
Physical AI trend from Nvidia CEO underscores robotics as a key development to monitor

Ideas

Park Byeong-chang Director, MP Partners 5:57

Power equipment wins from mega cluster buildout

Power infrastructure and transformer stocks are clear beneficiaries of the government's mega cluster announcement (semiconductor, physical AI, data center) and the US Federal Energy Regulatory Commission's decision to shorten power supply approval to 90 days, forcing hyperscalers to use self-generation or ESS. This creates immediate demand for domestic power equipment makers, and he explicitly stated investors should enter these names.

Park Byeong-chang Director, MP Partners 7:01

Rotate from semis to biotech, cosmetics, entertainment

Second half of the year will see a broader market rally beyond semiconductors. Allocation should shift from an overweight in semiconductors (70% of equity bucket) to a more balanced 50/50 split, adding exposure to Korean biotech, cosmetics, and entertainment sectors. The rotation is driven by semiconductor rebalancing flows, government mega projects that highlight power and infrastructure, and physical AI trends that benefit robotics.

Park Byeong-chang Director, MP Partners 12:35

Watch KOSPI break above 8,700

The KOSPI is at a critical technical juncture. The 8,700 point level is the key breakout line; a confirmed close above it would signal the market is ready to resume an uptrend and justify adding positions. Below that, and especially if the index breaks recent lows, panic selling could push it to 7,500 or lower. This level is a clear trigger for further buy or stand-aside decisions.

Park Byeong-chang Director, MP Partners 23:27

Watch Korean robotics on physical AI trend

Jensen Huang's roadmap progresses from generative AI to physical AI, making robotics a must-watch sector for the second half and next year. Domestic small and mid-cap robot stocks are already showing relative strength, and the trend is just beginning.

Park Byeong-chang Director, MP Partners 24:48

Buy KOSDAQ as rebound signal appears

The KOSDAQ index has shown a strong 8% bounce from recent lows, signaling a change in character despite past disappointments. He has already initiated a first tranche buy on the index as part of a phased entry strategy, expecting the index to benefit from the rotation away from large-cap semiconductors into mid/small-cap and growth names.

Park Byeong-chang Director, MP Partners 34:17

LG AC to penetrate Europe amid heatwave

Europe's severe heatwave and strict building codes that prohibit external AC units create a unique opportunity for LG Electronics, which has ductless air conditioning technology that can be installed without exterior modifications. This allows LG to beat Chinese low-cost competitors and expand meaningfully into the European market.

Will the semiconductor monopoly continue in the second half? | Park Byung-chang, MP Partners CEO

Summary

Ideas

Up Next