Samsung Electronics is trading about 7.6% down at β©249,500, extending a volatile July as record preliminary Q2 profits trigger profit-taking and concerns over peaking memory prices.
- The decline comes ahead of the companyβs July 30 earnings call amid broader semiconductor sector uncertainty and a weakening KOSPI.
- Global risk sentiment is being pressured by escalating Middle East tensions and new U.S. tariff measures, weighing heavily on the technology sector.