Samsung Electronics Hits $1 Trillion Market Value Amid AI Boom
Samsung Electronics' market capitalization surpassed $1 trillion, driven by a surge in AI-related demand and a rally in chip stocks, making it only the third company outside the US to achieve this milestone.
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Samsung Hits $1 Trillion Valuation, Joining TSMC in Elite Club - Bloomberg
Samsung Hits $1 Trillion Valuation, Joining TSMC in Elite Club Bloomberg
Read full article →Samsung hits $1 trillion valuation as AI rally lifts shares over 10%
The rally comes after the company reported an over eightfold increase in first-quarter operating profits last week.
Read full article →South Korean judge who handed Kim Keon-hee 4-year term found dead days after verdict
A South Korean appellate court judge who presided over a high-profile case involving former first lady Kim Keon-hee was found dead early Wednesday morning, police said. Shin Jong-oh, who had overturned a lower court’s not guilty verdict and imposed a harsher sentence on Kim, was discovered with severe injuries in a flower bed near the Seoul High Court building in Seocho district, southern Seoul. He was pronounced dead upon arrival at a nearby hospital. Police suspect the 55-year-old died afte...
By Park Chan-kyong
Read full article →The latest sign of Sandisk’s ascent: It’s now bigger than Western Digital, which spun it off
Last year’s separation unlocked value for both companies. Upbeat industry dynamics played a big part as well.
By Emily Bary
Read full article →Seoul shares shoot up nearly 6.5% to over 7,300 on chip rally, Mideast hopes; won rises
South Korean stocks shot up nearly 6.5 percent Wednesday, extending a record-breaking run to top the 7,300-point mark, driven by a semiconductor rally and optimism for a potential peace deal in the Middle East. The local currency also strengthened against the US dollar. The benchmark Korea Composite Stock Price Index added 447.57 points, or 6.45 percent, to a fresh record high of 7,384.56. Overnight, US President Donald Trump said he would pause operations to escort ships through the Strait of H
By The Korea Herald
Read full article →South Korean judge who hiked ex-first lady's jail sentence found dead
Last month, the judge presided over Kim Keon Hee's appeal trial, finding her guilty of stock manipulation and bribery, and increasing her sentence to four years from 20 months.
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