jasdooit

The financial sector has estimated that Samsung Electronics’ market value might climb to 2 trillion dollars (around 3,008 trillion South Korean won).

On the 28th, KB Securities increased the projected stock price of Samsung Electronics in a report, moving it from 450,000 won to 530,000 won. This forecast suggests that the company’s market value might rise by approximately 70% from its present level of 1,770 trillion won.

The main factor is the supercycle in the memory semiconductor industry. Kim Dong-won, head of KB Securities’ research department, stated, “The memory market next year will be even stronger than this year,” and added, “Supply shortages are expected to worsen, and price elasticity is also anticipated to increase.” He specifically pointed out, “With the new expansion of the Pyeongtaek Line 4 (P4) factory focusing on increasing high-bandwidth memory (HBM) production capacity, additional output of general-purpose memory can only be achieved through process adjustments, which will further exacerbate supply shortages.” KB Securities has increased its operating profit forecast for Samsung Electronics next year by 10.2% to 547.807 trillion won compared to the earlier projection.

Kim also emphasized the partnership with Boston Dynamics, a robotics subsidiary of Hyundai Motor Group, as an advantageous element. He mentioned, “Beginning in the second half of this year, Samsung Electronics plans to introduce intelligent humanoid robots into its semiconductor manufacturing processes.” He further noted, “Taking into account the initial phase of the semiconductor supercycle and the growth of the humanoid robot business, the present valuation is considered the beginning of a market capitalization reaching 2 trillion dollars.”

• Monday 5900 won membership, 2900 won for newspaper readers, Chosun membership
• 8 titles of newspapers and magazines worth 55,000 won, enjoy unlimited reading – Chosun Membership
• Receive 7000 points to use like cash, shop wisely, Chosun Membership