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Economy

Chip stocks keep dropping in Asia as demand sags

Investors selling shares, worried price falls could cause global chain reaction

HONG KONG -- Samsung Electronics and other semiconductor issues came under strong selling pressure in Thursday trading on Asian stock markets following falls in chip stock prices in the U.S.

Investors are increasingly dumping chip-related shares in widespread anticipation of declines in prices of NAND flash memory and other chips, starting in 2018, after a surge in demand for chips applicable to smartphones and data centers peters out, analysts said.

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