[Featured Stock] Dongjin Semichem Rises on Samsung Electronics Partnership and US Semiconductor Plant Construction News
[Asia Economy Reporter Lee Jung-yoon] Dongjin Semichem is recording an upward trend following news on the 23rd that it will build a semiconductor material factory in the United States.
As of 10:09 AM on the day, Dongjin Semichem was trading at 45,050 KRW, up 5.26% compared to the previous trading day. During the session, it even rose to 47,500 KRW.
Dongjin Semichem is showing an upward trend due to the news that it has decided to establish a semiconductor material factory in the U.S. in cooperation with Samsung Electronics. The factory is scheduled to be constructed in the second half of this year and to begin operations in 2024. Samsung Electronics is reportedly planning to invest 20 trillion KRW to establish a new semiconductor foundry factory in Taylor City, USA.
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Meanwhile, Solbrain is also showing strength following news of its cooperation with Samsung Electronics. As of 10:09 AM on the day, Solbrain recorded 271,700 KRW, up 3.39% compared to the previous trading day.
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