South Korea’s Kospi share index has dropped 8% on prolonged selling of chipmaking shares. The latest rout was led by shares in chipmaker SK Hynix after its profit in the last quarter fell short of analysts' forecasts even though it soared.

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…