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Due to intense global IT industry competition, both Samsung Electronics and TSMC faced heavy selling pressure following their recent earnings reports.

3 reports, 3 independent Updated Thu 00:00
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What happened

Well supportedReported by 3 independent outlets

Due to intense global IT industry competition, both Samsung Electronics and TSMC faced heavy selling pressure following their recent earnings reports.

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What this event is mainly about

How it developed

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  1. RBC Capital Markets trimmed U.S. technology exposure following reports on Samsung and TSMC.1 source
  2. Market pressure hits Samsung and TSMC after earnings reports.1 source

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