SK Square Outperforms SK Hynix With 37.63% June Surge, Emerges as Chip Stock Alternative

According to Korea Economic Daily, SK Square surged 37.63% in June, significantly outperforming its subsidiary SK Hynix, which gained 13.59% over the same period. Samsung C&T also exceeded Samsung Electronics with an 8.32% monthly gain versus 5.36% for the semiconductor giant.

The three holding companies, which own substantial stakes in SK Hynix and Samsung Electronics, benefited from rising subsidiary valuations and offer superior dividend yields—Samsung Life provided 3.3% versus Samsung Electronics' 1.5% and SK Hynix's 0.4%. Multiple brokerages raised price targets for the second half, with SK Square's target lifted to 2.7 million won (53.7% upside), Samsung Life to 590,000 won (52.5% upside), and Samsung C&T to 700,000 won (61.3% upside).