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The exchange rate for converting 1 USD to KRW on June 9, 2024, and the reverse conversion on August 10, 2024, is mentioned. The South Korean Won (KRW) faced depreciation against the US Dollar (USD), reaching a 13-year low at a rate of USD/KRW 1,362.6. This weakness in the Korean currency is impacting the chip industry, commonly referred to as 'The Dollar Punch', as it affects the competitiveness and profitability of Korean chip manufacturers.

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