South Korea announced an 800 trillion won ($518 billion) national semiconductor initiative that includes new fabrication plants by Samsung Electronics and SK Hynix, marking one of the country's largest industrial investment programs as governments continue to strengthen critical technology supply chains.
Shares of Samsung Electronics fell 4.8% Monday, while SK Hynix closed down 1.6% after recovering from steeper early losses of nearly 6% following details of the investment plan.
