|Bid||63.62 x 800|
|Ask||63.63 x 1400|
|Day's Range||62.89 - 63.78|
|52 Week Range||62.89 - 79.07|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.62%|
The semiconductor industry has been at the center of the US-China (FXI) trade war, as the two countries together account for the majority of worldwide semiconductor sales. According to the SIA (Semiconductor Industry Association), semiconductor sales rose 20.5% YoY (year-over-year) in June 2018 with the largest growth coming from China at 30.7%, followed by the Americas at 26.7%, Europe at 15.9%, Japan at 14.0%, and Asia-Pacific/All Other at 8.6%. China is the largest consumer of semiconductor chips, as most of the PCs, smartphones, and consumer electronics are manufactured here. Skyworks, Qualcomm (QCOM), and Qorvo earn around 80%, 63%, and 60% of their revenue from China.
The issue, which seems to only involve the latest Galaxy S9 and Galaxy S9+ models as of now, has been complained about on the social platform Reddit and on Samsung's official forums, as first reported by Gizmodo. A spokesperson for Samsung told The Verge that the company is "aware of the reports" and that its technical teams are "looking into it." The electronics maker is encouraging those experiencing this issue to contact their local customer service team directly or call 1-800-SAMSUNG. The issue was speculated to be tied to recent a software update to Samsung Messages by T-Mobile for Rich Communication Services (RCS) messaging.
Amid heightened geopolitical tensions, the iShares MSCI South Korea Capped ETF (EWY) is lower by more than 7% over the past month. EWY's recent declines have taken the benchmark South Korea ETF more than 7.5% below its 200-day moving average and nearly 15% below its 52-week high. Fitch Ratings reaffirmed South Korea's sovereign debt rating of AA- with a stable outlook.
Famed investor Jim Rogers is again getting involved in the exchange traded products space, lending his name to a new global macro exchange traded fund of ETFs. The new ETF is “based on macroeconomic factors by leveraging the capabilities of AI and the multidecade expertise of Jim Rogers to find, track and project leading economic indicators,” according to a statement. Rooted in artificial intelligence capabilities, BIKR is an actively managed ETF.
U.S. investors aren't so enamored with the South Korea ETF as President Donald Trump meets with North Korean leader Kim Jong Un. U.S. investors didn't show much faith in Trump as investors pulled cash out of EWY, the largest U.S.-listed South Korea-related ETF. The iShares MSCI South Korea Capped ETF (EWY) experienced $33 million in net outflows over the past week, according to XTF data.
The historic meeting between U.S. President Donald Trump and North Korean leader Kim Jong-un yielded a peace document that included the denuclearization of North Korea. While on the surface, the broad strokes of the document sound appealing, skepticism still remains as to the lack of details on how the denuclearization process will occur. "I think he liked me and I like him," Trump told Voice of America's Greta Van Susteren in an interview.
The financial markets are fickle ahead of U.S. talks with North Korea on Tuesday in Singapore. At noon Eastern on Monday, The Dow Jones Industrial Average was up 0.1% while the S&P 500 is up 0.34% as speculation remains on how well the meeting goes with U.S. President Donald Trump and North Korean leader Kim Jong-un. ETFs concentrated in Southeast Asia are also undecided as iShares China Large-Cap ETF (FXI) is down 0.21%, iShares MSCI Japan ETF (EWJ) is up 0.40% and iShares MSCI South Korea Index Fund ETF (EWY) is up 0.53%.
South Korean markets and country-specific exchange traded funds stumbled Thursday after President Donald Trump canceled a meeting with North Korea's Kim Jong Un. On Thursday, the iShares MSCI South Korea Capped ETF (EWY) fell 1.3%, Franklin FTSE South Korea ETF (FLKR) dipped 1.2% and First Trust South Korea AlphaDEX Fund (FKO) declined 1.4%.
The U.S. government announced a national security investigation into auto imports, which may boost/hurt these ETFs and stocks.
The largest exchange-traded fund to track South Korea's equity market fell on Thursday, after President Donald Trump called off a planned summit meeting with leader Kim Jong Un of North Korea, adding a ...
An exchange-traded fund tracking South Korean stocks slides after President Trump called off his nuclear summit with North Korea's Kim Jong Un.
Applied Materials (AMAT) supplies SME (semiconductor manufacturing equipment) to chip makers all over the world. As the world’s semiconductor manufacturing is concentrated in the APAC (Asia-Pacific) region, it’s the largest market for AMAT and its peers Lam Research (LRCX) and KLA-Tencor (KLAC). South Korea (EWY) is their largest market, providing 30% of their revenues.
The iShares MSCI South Korea Capped ETF (NYSEArca: EWY) has traded slightly higher this year and the largest exchange traded fund tracking South Korean stocks is up following the recent summit between ...
Wafer fab equipment maker Lam Research (LRCX), which mainly supplies equipment to memory chipmakers, expects its shipments to fall $100 million sequentially to $3 billion in the June quarter. Analysts have been expecting the memory market growth to slow down in the second half of 2018 and for sales to decline in 2019 and 2020. The memory market is cyclical, with a short period of uptrend followed by a downtrend.
Lam Research (LRCX) was among the first semiconductor companies to release its fiscal 3Q18 earnings for the quarter that ended on March 25. The company manufactures wafer fabrication equipment used primarily to produce memory chips. The company earned 84% of its revenue from memory, 10% from the foundry, and 6% from logic and other markets.
The iShares MSCI South Korea ETF (NYSE: EWY) is modestly higher year-to-date, but the exchange-traded fund slipped Monday, giving back some gains accrued following the summit between the leaders of North and South Korea. Some market observers believe South Korea, Asia's fourth-largest economy, still faces regional tensions that could weight on financial markets there. The recent summit “does not eliminate risks associated with the military stand-off,” said Fitch Ratings in a recent note.
A historic meeting between the leaders of South and North Korea is helping move exchange traded funds investing in South Korea.
Sixty-five years after an armistice put the Korean War on hold indefinitely, leaders in North and South Korea have agreed to take steps to officially end the war by the end of 2018. What Happened? North ...