SK hynix and Samsung lost around 13 percent, dragging the Kospi index down 10.2 percent, having earlier been paused for a 20-minute circuit-breaker.

South Korean stocks experienced a significant decline on Tuesday. This downturn was driven by a global selloff in chipmakers and rising competition from China. SK Hynix shares…

South Korea's Kospi collapsed 10 percent as tech took a battering on another black day for Asian stock markets, with a report of a breakthrough in China's chip industry…