(LEAD) Seoul shares open higher despite U.S. chip sell-offs (opens original article in a new tab)

South Korean stocks opened higher on Wednesday despite U.S. semiconductor sell-offs, with the KOSPI rising 3.26 percent. Major companies like SK hynix and Samsung Electronics saw significant share price increases.

• South Korean stocks opened higher despite U.S. semiconductor sell-offs
• KOSPI rose 3.26 percent to 8,471.4
• SK hynix and Samsung Electronics shares increased by 4.23% and 7.26% respectively