Samsung Electronics, 'Pyeongtaek EUV Foundry Investment' Stock Price 48,800 KRW (0.1%)
As of 9:30 AM on the 25th, Samsung Electronics is trading at 48,800 KRW, up 0.1% from the previous day. The trading volume is 2,691,225 shares, which is about 14.01% of the previous day's volume. Samsung Electronics is known as a global IT company.
On May 22, Lee Seung-woo, a researcher at Eugene Investment & Securities, announced, "A decision has been made to invest in foundry lines of 20~30K scale at the P2 and V2 lines of the second phase in Pyeongtaek. The total investment is expected to be around 8 to 9 trillion KRW. Mainly, EUV 5-nanometer or below processes will be applied, and mass production is expected to be possible after the second half of 2021. It seems important to establish a thorough and mid-to-long-term strategy on how to regain past key customers as foundry clients and how to attract new potential customers such as AMD and MediaTek." He set the target price for Samsung Electronics at 60,000 KRW.
Over the past five days, individual investors have net sold 3,197,370 shares of Samsung Electronics, while foreigners and institutions have net bought 1,486,696 shares and 1,640,787 shares, respectively.

※ This article was generated in real-time by an article automatic generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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