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Samsung, SK Hynix shares fall as investors brace for reported $1.3 trillion spending plans

Adrian Bogdan

Shares of Samsung Electronics and SK Hynix plunged on Monday after reports surfaced that the pair are expected to unveil investment plans worth more than a trillion dollars. Samsung Electronics' stock was down 4.7%, while SK Hynix was 3.1% lower. Samsung Electronics and SK Hynix will unveil major investment plans of up to 2,000 trillion won ($1.3 trillion) over the next 10 years, the Korea Economic Daily reported . The investment plans will be announced during a government briefing at 2 p.m.

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Samsung, SK Hynix shares fall as investors brace for reported $1.3 trillion spending plans https://www.cnbc.com - 01:35
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