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Korean Chipmakers’ Cash Payout Plans May Drive Won Rally Further

Key Points

Unprecedented shareholder-return plans by South Korea’s two chipmaking giants are emerging as a key swing factor for the won, potentially extending its recent rally if the firms tap local currency markets to fund the payouts.

Unprecedented shareholder-return plans by South Korea’s two chipmaking giants are emerging as a key swing factor for the won, potentially extending its recent rally if the firms tap local currency markets to fund the payouts.
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Originally published by Bloomberg Markets Read original →