Samsung Electronics Becomes First Korean Company to Surpass 1,000 Trillion Won in Market Value

[Financial News] As the era of the Korea Composite Stock Price Index (KOSPI) 5000 begins, Samsung Electronics has become the first Korean company to reach a market capitalization of 1,000 trillion won.
As of 10:54 a.m. on the 22nd, Samsung Electronics shares were trading at 155,300 won, up 5,800 won (3.88%) from the previous session. During intraday trading, the price briefly surged to 160,000 won, setting another record high.
Samsung Electronics’ market capitalization currently stands at 919.3198 trillion won for common shares and 92.2051 trillion won for preferred shares, totaling 1,011.5249 trillion won. This is the first time a single company listed on the Korean stock market has surpassed 1,000 trillion won in market value.
The share price has remained strong on expectations for the Artificial Intelligence (AI) industry and a semiconductor super cycle. Based on closing prices, Samsung Electronics climbed from 119,900 won at the end of last year to 149,500 won the previous day, a gain of 24.69% so far this year.
Brokerages have also been raising their target prices for Samsung Electronics. The highest target price ceiling at present is 200,000 won, set by KB Securities. KB Securities lifted its target from 160,000 won to 180,000 won on the 6th, and then raised it again to 200,000 won just three days later, on the 9th.
Kim Dong-won, Head of Research at KB Securities, said, "As the structural expansion of the physical artificial intelligence (AI) market, including humanoids and autonomous driving, accelerates, the importance of foundries for enhancing the speed and power efficiency of memory semiconductors is growing." He added, "As memory emerges as the core of the AI industry structure and combines with system design capabilities that support it, Samsung Electronics, which has both memory and foundry businesses, will see its benefits become even more pronounced in this transition to a memory-centric era."

jisseo@fnnews.com Seo Min-ji Reporter