Search
Data released on Wednesday revealed that, fueled by the stellar performance of its semiconductor arm Samsung Electronics, Samsung Group's total market capitalization soared past 900 trillion won for the first time. Based on figures from the Korea Exchange, the group's overall market cap hit 907.9 trillion won (roughly $634.4 billion), marking a 67% leap from the 543.3 trillion won recorded at the close of last year.
Within this impressive growth, Samsung Electronics' stock price climbed from 53,200 won on December 31 of the previous year to 98,600 won on Wednesday, representing a cumulative surge of 85.3%. Lately, Samsung Electronics' stock price has witnessed a substantial upswing. This is attributed to the upward trajectory of tech stocks on Wall Street and the promising outlook for the chip sector, spurred by the thriving AI market.
-
C114 Communication Network -
Communication Home
