Analysis: South Korea's semiconductor industry's net profit next year may reach 1,019 trillion won

Odaily Planet Daily News: Kim Byung-yeon, a director of the Research Division of the Investment Strategy Department at NH Investment & Securities, stated at a meeting with a visiting delegation of journalists and analysts held at the Korea Exchange headquarters in Seoul on July 20, that the current Korean stock market has already reflected concerns over a semiconductor peak, geopolitical anxieties, and supply-demand disruptions, making the decline excessive.

NH Investment & Securities sets the lower range of the Korea Composite Stock Price Index (KOSPI) at 5,800 to 6,250 points and believes the index is more likely to rebound to the low-to-mid 7,000-point range after a sharp price correction, before stabilizing according to the cloud revenue growth rate and capital expenditure plans of major US technology companies.

Kim Byung-yeon stated that attention should be paid to the absolute level of semiconductor exports rather than the export growth rate. The institution estimates that the net profit of the semiconductor industry will increase from 217 trillion won last year to 759 trillion won this year and 1,019 trillion won next year, with a net profit growth rate of 34% next year.