President Lee Questions Excluding Semiconductors from KOSPI Calculations

President Lee Jae-myung stated on June 1 that he does not understand why semiconductors, a key component of the nation's industry, should be excluded from calculations of the KOSPI index.

In a post on his social media platform X (formerly Twitter), he shared an article claiming that the KOSPI index, excluding semiconductor giants like Samsung Electronics and SK Hynix, would only range between 4,100 and 4,200.

The article noted that there are no signs of alleviating the concentration of the semiconductor sector in the domestic stock market and suggested that without the influence of semiconductor companies, other stocks are overvalued.

In response, President Lee remarked, "No one says, 'Without soccer skills, Son Heung-min is just an ordinary person.' Instead, shouldn't we be saying, 'Even without semiconductors, the Korean stock market is still at 4,100'?"