Vertical Divider
Samsung Electronics Market Cap -- Lowest in 23 Months
As of last Friday, Samsung Electronics’ capex stood at around 444 trillion won ($400b). At 96,800 won per share, Samsung Electronics had hit a 52 week high on January 11 this year, but the stock price massively fell to this year’s lowest of 74,100 won amid massive foreign sell-offs, which was caused by the concerns that the chipmakers’ earnings would decrease after the threat of lower prices for DRAMs. The mobile unit is also stressed having lost its #1 position to Xiaomi for July and is undergoing an uncommon review by senior management at the Group level. Samsung has also been losing market share in its TV business.
As of last Friday, Samsung Electronics’ capex stood at around 444 trillion won ($400b). At 96,800 won per share, Samsung Electronics had hit a 52 week high on January 11 this year, but the stock price massively fell to this year’s lowest of 74,100 won amid massive foreign sell-offs, which was caused by the concerns that the chipmakers’ earnings would decrease after the threat of lower prices for DRAMs. The mobile unit is also stressed having lost its #1 position to Xiaomi for July and is undergoing an uncommon review by senior management at the Group level. Samsung has also been losing market share in its TV business.
|
Contact Us
|
Barry Young
|