by Lee Changhwan
Published 09 Mar.2026 09:25(KST)
As concerns surrounding Iran escalate, semiconductor stocks, including Samsung Electronics and SK Hynix, are experiencing sharp declines.
As of 9:17 a.m. on March 9, 2026, Samsung Electronics was trading at 172,500 won, down 8.34% from the previous trading day. At the same time, SK Hynix was also down 8.33%, trading at 847,000 won.
Other major semiconductor companies, such as SK Square (-9.58%), Hanmi Semiconductor (-10.04%), and Samsung Electro-Mechanics (-7.54%), are also seeing significant drops in their stock prices.
Aside from semiconductors, most stocks are declining on this day, and this is interpreted as a result of the growing geopolitical risks surrounding Iran impacting the stock market.
According to foreign media reports, on March 8, local time, Iran’s Assembly of Experts elected Mojtaba Khamenei (aged 56), the son of the late Supreme Leader Ayatollah Seyyed Ali Khamenei, as the next Supreme Leader.
With Mojtaba Khamenei, known as a hardliner, being chosen as Iran’s next leader, concerns have risen that a prolonged war between the United States and Iran may be likely.
As war-related fears intensify, the price of West Texas Intermediate (WTI) crude oil futures for April delivery on the New York Mercantile Exchange surged at one point to 111.24 dollars.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.