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Korea Hynix Semiconductor’s Shares Rise in Seoul After Memory Chip Prices Climb

Author : / Date : 8/29/2011 1:09:11 PM
Hynix Semiconductor Inc. (000660) gained as much as 4.2 percent inSeoul trading after computer-memory chip prices rose. Shares in Hynix traded up 2.8 percent to 18,450 won as of 9:13 a.m., while the benchmark Kospi index climbed 1.2 percent. The price of the benchmark DDR3 2-gigabit DRAM rose 3.1 percent Friday, according to data from Taipei- based Dramexchange Technology Inc., operator of Asia’s largest spot market for semiconductors.

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