Samsung Electronics Market Value Surpasses $1 Trillion
Samsung Electronics has seen its market capitalization exceed $1 trillion for the first time, largely fueled by the ongoing boom in artificial intelligence and a rally in chip stocks. This milestone reflects investor confidence in the company's position within the tech industry.
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Samsung Hits $1 Trillion Valuation, Joining TSMC in Elite Club - Bloomberg
Samsung Hits $1 Trillion Valuation, Joining TSMC in Elite Club Bloomberg
Read full article →Samsung hits $1 trillion valuation as AI rally lifts shares over 10%
The rally comes after the company reported an over eightfold increase in first-quarter operating profits last week.
Read full article →South Korean judge who handed Kim Keon-hee 4-year term found dead days after verdict
A South Korean appellate court judge who presided over a high-profile case involving former first lady Kim Keon-hee was found dead early Wednesday morning, police said. Shin Jong-oh, who had overturned a lower court’s not guilty verdict and imposed a harsher sentence on Kim, was discovered with severe injuries in a flower bed near the Seoul High Court building in Seocho district, southern Seoul. He was pronounced dead upon arrival at a nearby hospital. Police suspect the 55-year-old died afte...
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Read full article →The latest sign of Sandisk’s ascent: It’s now bigger than Western Digital, which spun it off
Last year’s separation unlocked value for both companies. Upbeat industry dynamics played a big part as well.
By Emily Bary
Read full article →Seoul shares shoot up nearly 6.5% to over 7,300 on chip rally, Mideast hopes; won rises
South Korean stocks shot up nearly 6.5 percent Wednesday, extending a record-breaking run to top the 7,300-point mark, driven by a semiconductor rally and optimism for a potential peace deal in the Middle East. The local currency also strengthened against the US dollar. The benchmark Korea Composite Stock Price Index added 447.57 points, or 6.45 percent, to a fresh record high of 7,384.56. Overnight, US President Donald Trump said he would pause operations to escort ships through the Strait of H
By The Korea Herald
Read full article →South Korean judge who hiked ex-first lady's jail sentence found dead
Last month, the judge presided over Kim Keon Hee's appeal trial, finding her guilty of stock manipulation and bribery, and increasing her sentence to four years from 20 months.
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