South Korea's Kospi Index soared 14% in early Friday trading, falling 17% cumulatively over the previous three trading days, and chip stocks rebounded strongly after an overnight surge in the US industry. SK Hynix shares soared by more than 27%, while Samsung shares rose more than 20%.

South Korea's Kospi Index soared 14% in early Friday trading, falling 17% cumulatively over the previous three trading days, and chip stocks rebounded strongly after an overnight surge in the US industry. SK Hynix shares soared by more than 27%, while Samsung shares rose more than 20%.