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MARKET

SSNLF

Samsung Elect Lt

OTCPK

57.75

NaN%

Closed 09:30 04/18 EDT

OPEN

PREV CLOSE

57.75

HIGH

LOW

VOLUME

TURNOVER

52 WEEK HIGH

2,210.00

52 WEEK LOW

57.75

MARKET CAP

344.75B

P/E (TTM)

35.11

Samsung's New Strategy: 'Inject A Sense Of Crisis ... To Overcome Crisis' With 6-Day Executive Workweeks

Samsung Group is implementing a six-day workweek for its executives across all units. The move is an emergency measure to address business uncertainties exacerbated by currency depreciation, rising oil prices and high borrowing costs. This decision follows disappointing results in 2023 for Samsung Electronics Co. Ltd.

Benzinga · 23h ago

ClearBridge International Value Strategy Q1 2024 Portfolio Manager Commentary

ClearBridge International Value Strategy performed in-line with its benchmark, overcoming headwinds from a growth-led market. Strong performance in the financials and materials sectors offset detractors in IT. International markets generated positive returns due to optimism over a soft landing and the prospect of rate cuts in Japan.

Seeking Alpha · 1d ago

Huawei launches new line of high-end phones in China, ramping up pressure on Apple

Huawei Technologies launches new line of high-end phones in China, ramping up pressure on Apple. The Pura 70 series of smartphones starts at 5,499 yuan and goes up to 10,999 yuan. Huawei's flagship phone Mate 60 helped erode Apple's dominance in China's high- end segment.

Seeking Alpha · 1d ago

EWY: Won Should Improve, Hawkishness Helps Financials

IShares MSCI South Korea ETF provides exposure to Korean markets, with a focus on semiconductors dominated by Samsung. DRAM prices are increasing, benefiting Samsung and SK Hynix. Hawkish policies benefit financials right now, and strong exports due to a still weak Won benefit consumer discretionary exposures.

Seeking Alpha · 1d ago

Micron to get $6.1B grant from U.S. for local chipmaking projects

Micron to get $6.1B grant from U.S. For local chipmaking projects in New York and Idaho. The chipmaker is planning to build the largest semiconductor fabrication facility in the U.s. For advanced memory computer chips in both states. The grants are part of the CHIPS Act aimed at boosting U. S. Chip-making.

Seeking Alpha · 1d ago

Netlist patent claim invalidated in dispute with Samsung, Micron, tribunal rules

Tech Netlist patent claim invalidated in dispute with Samsung, Micron, tribunal rules. The patent infringement claim is related to printed circuit boards, memory modules and double-date-rated memory. Samsung and Netlist have been battling over rights to patent memory module technologies.

Seeking Alpha · 1d ago

U.S. government expected to award all CHIPS Act grants this year

U.S. Government expected to award all CHIPS Act grants this year. Act aimed at bolstering domestic manufacturing. Samsung awarded up to $6.4B in grants to boost production in the U.S.: Commerce Secretary Gina Raimondo. The CHIPS and Science Act provides $52.7B for semiconductor research, development, manufacturing.

Seeking Alpha · 3d ago

Apple promises increased spending on suppliers in Vietnam as Tim Cook lands in Hanoi

Tech Apple promises increased spending on suppliers in Vietnam as Tim Cook lands in Hanoi. Apple has spent close to VND400 trillion since 2019 through its local supply chain. Chief executive Tim Cook is on a two-day visit to a major manufacturing hub for the iPhone-maker.

Seeking Alpha · 4d ago

About SSNLF

Samsung Electronics Co Ltd is Korea-based company principally engaged in the manufacture and distribution of electronic products. The Company operates its business through four segments. The Information Technology & Mobile Communications (IM) segment manufactures computers, handhold phones (HHPs), network systems, digital cameras and others. The Device Solutions (DS) segment provides semiconductor and display parts, including dynamic random access memories (DRAMs), flashes, thin film transistor-liquid crystal displays (TFT-LCDs) and others. The Consumer Electronics (CE) segment manufactures color televisions (CTVs), monitors, printers, air conditioners, refrigerators, laundry machines and others. The Harman segment manufactures headunits, infotainment, telematics, speaker, among others. The Company distributes its products within domestic market and to overseas markets.

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