As foreigners have sold Samsung Electronics the most this year, attention is focused on the reason. According to an analysis, concerns about an increase in supply due to the shutdown of Samsung Electronics’ Austin plant and the surge in memory semiconductor demand are reflected.
According to the Korea Exchange on the 10th, foreigners net sold Samsung Electronics the most in the securities market until this day. During this period, foreigners sold Samsung Electronics worth 6,6959 billion won. The second most sold stock was Samsung Electronics’ preferred stock. In addition, it sold a lot of domestic technology stocks such as LG Electronics and SK Hynix.
Foreigners are continuing to sell, centering on domestic technology stocks. On the 10th, foreigners net sold Samsung Electronics nearly 130 billion won in the securities market. On that day, Samsung Electronics ended at 8,900 won, down 0.6% in the selling tax of foreigners and institutions.
Samsung Securities recently released a report and analyzed the reasons why foreigners are selling domestic technology stocks. It is explained that the shutdown of Samsung Electronics’ Austin plant had an impact on investment sentiment for domestic technology stocks. This is because concerns are rising that the supply of smartphones will be disrupted. The Austin plant was shut down last month due to a record cold. Currently, it is partially restarted, but there is also a forecast that a complete recovery will be possible in May. As a result, it is analyzed that it may negatively affect the price of mobile DRAM in the second quarter.
As the demand for mobile semiconductors such as DRAM has risen, the increased supply is also a concern for foreigners. Researcher Hwang Min-seong explained, “The concern of investors is that both investment and production are increasing in the case of DRAM, and that productivity has improved significantly in the case of NAND.” Ji-hye Moon, a researcher at Shinyoung Securities, said, “Semiconductor companies are increasing their investment with the idea that they should preemptively stock up, but if the investment increases, the supply will continue to increase.” Because there are many, there will be worries about this part,” he said. However, experts still look promising in domestic technology stocks including Samsung Electronics.
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