As of 9:30 AM on the 30th, Samsung Electronics is trading at 57,600 KRW, down 0.86% from the previous day. The trading volume is 5,281,976 shares, which is about 23.61% of the previous day's volume. Samsung Electronics is known as a global IT company.


On October 30, Myungseop Song, a researcher at Hi Investment & Securities, stated, "As the company mentioned, semiconductor inventories of customers will be sufficiently reduced by the end of this year or early next year, and the launch of new server CPUs is expected to be a turning point that will fully restore semiconductor orders from server customers. Additionally, due to the full-scale 5G investment and base effects, semiconductor shipments for smartphones are also likely to increase next year compared to this year. The company mentioned that semiconductor investments will increase in the future, which is judged to be based on confidence in the improvement of semiconductor market conditions and increased customer orders expected next year." He set Samsung Electronics' target price at 72,000 KRW.


Over the past five days, individual investors have net purchased 11,939,991 shares of Samsung Electronics, while foreigners and institutions have net sold 3,515,641 shares and 8,706,610 shares, respectively.



※ Source: AI Investment Assistant AI Rassiro


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


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing