[Featured Stock] Samsung Electronics Still Running... Surpasses 90,000 Early in Trading

[Asia Economy Reporter Minwoo Lee] Samsung Electronics' stock price is showing strength, surpassing 90,000 won in early trading. It is expected to gain a reflective benefit due to adverse factors affecting competitors such as Taiwan's TSMC and the US's Micron, generating heightened expectations.

As of 9:51 a.m. on the 11th, Samsung Electronics' stock price recorded 92,900 won, up 4.62% compared to the previous trading day. At 9:11 a.m., it reached 94,100 won, setting a new high since the stock split in May 2018. This corresponds to over 4.7 million won before the stock split.

There is an increasing expectation that Samsung will gain reflective benefits from the recent adverse events affecting competitors. Recently, an earthquake in Taiwan has raised concerns about potential production disruptions at TSMC, the world's largest foundry company. The competitor, US-based Micron Technology, also experienced a large-scale power outage at its Taiwan factory. Meanwhile, on the 9th (local time), foreign media including Bloomberg reported that Intel is considering outsourcing core semiconductor chip production to Samsung Electronics and TSMC.

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