Samsung Electronics, Stock Price Up 5.64% at This Hour... 'Three Major Issues to Intensify from the Second Half of the Year'
As of 12:31 PM on the 3rd, Samsung Electronics is trading at 54,300 KRW, up 5.64% from the previous day. The trading volume is 29,913,612 shares, which is 218.48% of the previous day's volume. Samsung Electronics is known as a global IT company.
On June 2nd, Younggeon Kim, a researcher at Mirae Asset Daewoo, stated, "1) New foundry sales and facility investments. 2) Worsening DRAM supply shortage. 3) Strengthening shareholder return policy. The company's operating profit is expected to maintain an increasing trend in the second half of the year. With continued profit growth in the semiconductor division due to improved DRAM performance, the IM division's performance normalization is anticipated with the recovery of smartphone demand in the second half." He set Samsung Electronics' target price at 68,000 KRW.
Over the past five days, individual investors have net sold 12,869,834 shares of Samsung Electronics, while foreigners and institutions have net bought 8,844,976 shares and 4,001,642 shares, respectively.

※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
Hot Picks Today
"Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- School Sports Days Shrinking Due to Noise Complaints: National Police Agency Directs Officers to Refrain from Dispatch
- "Drink Three Cups of Coffee and Stay Up All Night Before the Test"... Manual of Insurance Planner Who Collected 1 Billion Won in Payouts
- "Anyone Who Visited the Room Salon, Come Forward"… Gangnam Police Station Launches Full Staff Investigation After New Scandal
- "Envious of Korean Daily Life"...Foreign Tourists Line Up in Central Myeongdong from Early Morning [Reportage]
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.