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 index has plunged over 10% on heavy selling of chipmaking stocks that have gyrated recently due to concerns over the sustainability of the boom in artificial…