Investors tentatively got back on the horse in Seoul as they picked up the pieces following a 10 per cent collapse in the KOSPI on Tuesday, which was led by 12 per cent losses in chip giants and market heavyweights SK Hynix and Samsung.

Samsung and SK Hynix shed more than 12 per cent each, triggering an automatic 20-minute bourse-wide trading halt in the afternoon.

KOSPI index rebounds after a brutal 10% selloff as Samsung Electronics and SK Hynix lead recovery, with chipmaker earnings back in focus for investors.