Korea chip selloff hits SK Square stock as DB Financial lifts target
Published on 10/15/2026 at 09:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSShareholder returns and earnings dates
- On October 15, 2026, semiconductor selling pressure pushed SK Square down 8.45 percent.
- Second-quarter 2026 revenue was KRW 329 billion, down 19.20 percent year over year.
- DB Financial Investment raised its target from KRW 1.45 million to KRW 1.50 million on October 7, 2026.
SK Square faced Korea's semiconductor selloff on October 15, 2026, as MoneyToday reported that the stock stood at KRW 780,000, down 8.45 percent. The report tied the broader decline to pressure on semiconductor shares and concern about AI investment profitability.
Semiconductor pressure tests the portfolio
SK Square's exposure to semiconductor assets made the October 15 selloff especially relevant for shareholders. The company was one of the stocks affected as South Korean markets came under pressure despite strong preliminary results from major chip companies.
For context, ATS View reported second-quarter 2026 revenue of KRW 329 billion, down 19.20 percent year over year. Operating profit reached KRW 19.20 trillion and net income was KRW 18.70 trillion in the same quarter, highlighting how strongly portfolio valuation can influence the reported result.
What does the target raise change?
DB Financial Investment raised its target for SK Square from KRW 1.45 million to KRW 1.50 million on October 7, 2026, while maintaining its Buy rating, according to Asia Business Daily. The firm estimated SK Square's net asset value at KRW 278 trillion, including KRW 274 trillion attributed to its SK hynix holdings.
Three dated developments
On August 14, 2026, SK Square listed its Q2 2026 portfolio update in its investor-relations calendar, while ATS View reported the quarter's KRW 329 billion revenue. On October 7, 2026, DB Financial Investment lifted its target from KRW 1.45 million to KRW 1.50 million, as reported by Asia Business Daily. On October 15, 2026, MoneyToday reported SK Square at KRW 780,000 after an 8.45 percent decline.
Next dates for shareholders
The next scheduled dates are November 12, 2026, for the earnings report, according to Investing.com, and November 16, 2026, for the quarterly filing deadline, according to ATS View.
Market value and business mix
SK Square's market capitalization was KRW 100.8 trillion as of October 15, 2026. The company operates as an investment vehicle focused on semiconductors and information and communication technologies, so changes in portfolio valuations remain central to the earnings picture.
SK Square market profile
- Company: SK Square Co., Ltd.
- ISIN: KR7402340004
- Ticker: 402340
- Primary exchange: Seoul Stock Exchange
- Market capitalization: KRW 100.8 trillion (as of October 15, 2026)
- Sector / Industry: Technology / Semiconductors
Market context: Market report KOSPI.
