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`Falling Stock Prices Not Sign of Downturn in Chip Industry'

Korea Times (Seoul, Korea), July 29, 2000 | Article details

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`Falling Stock Prices Not Sign of Downturn in Chip Industry'


Stock prices may be spiraling down but experts believe that the boom in the semiconductor industry is by no means over and should continue through the year 2002.

One analyst of Samsung Securities said yesterday that the falling stock prices of semiconductor issues both here and in the United States is simply a matter of internal supply and demand.

``There are voices of concern that the semiconductor industry is losing steam but this is certainly not the case if global market trends are any indication,'' he said.

The analyst said much of the fall in the prices of chip issues, including Samsung Electronics, which fell below 300,000 won yesterday morning, is …

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