Huahai Quantum Surges 19.01% as Korean Chip Expansion Plans Drive A-Share Semiconductor Rebound
2026-06-29 14:40

Woofun AI reports that the A-share semiconductor sector rebounded after initially tracking declines in Korean markets, driven by news of expanded production capacity. The South Korean government unveiled a plan to invest approximately 80 trillion Korean won in four new chip plants in the southwest region, alongside at least 30 trillion Korean won for next-generation memory and edge AI over 15 years.

Huahai Quantum led the rally with a 19.01% gain. Other notable increases included Huali Microelectronics at 11.30%, Huafeng Measurement & Control at 10.21%, ASML Technology at 9.46%, ChipOne Microelectronics at 9.06%, and SMIC at 8.58%.

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Lee Jae-myung
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