Samsung, SK Hynix shares fall as investors brace for reported $1.3 trillion spending plans
u/joe4942 ·
Reddit — r/stocks
· June 29, 2026 at 02:15
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> Shares of Samsung Electronics and SK Hynix plunged on Monday after reports surfaced that the pair are expected to unveil investment plans worth more than a trillion dollars.
> Samsung Electronics’ stock was down 4.7%, while SK Hynix was 3.1% lower.
> Samsung Electronics and SK Hynix will unveil major investment plans of up to 2,000 trillion won ($1.3 trillion) over the next 10 years, the Korea Economic Daily reported.
> The investment plans will be announced during a government briefing at 2 p.m. local time Monday. The meeting will be chaired by President Lee Jae Myung, the presidential office said Sunday.
> The announcement comes after the Maeil Business Newspaper on Friday reported that Samsung Group will announce a 1,000 trillion won ($646 billion) investment program spanning the next decade.
https://www.cnbc.com/2026/06/29/samsung-sk-hynix-reported-1point3-reported-trillion-spending-plans.html