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Asian Tech Shares Slide as US-China Tensions Reverberate
Asia’s tech giants track US losses, hit by trade friction spillover.
Major Japanese and Korean tech stocks opened lower following the sharp U.S. market selloff and renewed tariff threats. SoftBank Group and Mitsubishi UFJ Financial fell over 1%, while Samsung Electronics and SK Hynix also declined as investor risk appetite weakened. Analysts said escalating U.S.-China trade tensions and cautious global sentiment are pressuring Asian equities, with traders shifting toward defensive plays amid concerns over potential supply-chain disruptions and slowing tech sector demand.