On Wednesday morning, the market capitalization of Samsung Electronics reached 1.5 trillion won (approximately 1.03 billion dollars), following the rise in shares of technology companies in the US. This performance makes Samsung the second company in Asia, after TSMC, to surpass this threshold. Samsung's market capitalization has exceeded that of the American conglomerate Berkshire Hathaway and is approaching that of retailer Walmart. Global stock markets have recorded record gains, especially due to the rise in shares of chip manufacturers for artificial intelligence. Samsung benefits from the increased demand for memory chips used in data centers, which has led to rising prices. In 2025, Samsung reported a net profit of 45.2 trillion won (approximately 30 billion dollars), due to the solid performance of its chip division. Samsung represents an essential pillar of the South Korean economy, with a global turnover constituting one-fifth of the country's GDP.
Sources
Latest News
18:08
The pharmaceutical group Minapharm will develop a candidate vaccine against the Bundibugyo Ebola strain, with funding of 16.5 million dollars.
17:39
The president of USR, Dominic Fritz, reacts to the revelations about Lucian Pahonțu
17:36
Nicușor Dan, in an editorial for Fox News: "Romania will not wait to be put to the test before being ready"
17:31
A cyber attack affected three airports in the United Kingdom, compromising the personal data of 8.7 million customers.
17:28
The head of the Ukrainian presidential administration announced that peace negotiations between Ukraine and Russia could take place in September, with the participation of the USA.
See more news