Samsung Electronics, SK Hynix Large-Scale Investment, Reasons Not to Worry! | Lee Gwon-hee, Wizwave CEO [Global Interview]

Summary

Wizwave CEO Lee Kwon-hee shares his outlook on Korean markets, highlighting a bullish view on KOSDAQ targeting 1200, a decade-long boom in semiconductor equipment, a buy-the-dip opportunity in Samsung Electronics and SK Hynix amid temporary legal noise and likely earnings surprise, and a catch-up rally in Korean biotech stocks. He explains why massive semiconductor investments should not be feared as a cycle peak, given multi-year AI-driven demand and managed supply through long-term agreements.

• KOSDAQ is expected to break 1050 and climb toward 1200 as market participation broadens.
• Semiconductor equipment stocks are entering a 10-year capex cycle, best played via an ETF.
• Apple's collusion claim against memory makers is seen as short-term noise; Samsung and SK Hynix remain attractive.
• Samsung's Q2 preliminary results may surprise, potentially exceeding 90 trillion won in revenue.
• Korean biotech stocks are rallying, playing catch-up to the record-high NASDAQ Biotech Index.
• Massive semiconductor fab investments are not a peak signal; demand is supported by AI, sovereign AI, and managed capacity additions.