Reuters reported on the loss of Samsung's status as the most expensive company in South Korea.
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- Reuters reported on the loss of Samsung's status as the most expensive company in South Korea.
For the first time since 2000, Samsung Electronics has lost its status as the most expensive company in South Korea, ceding leadership to the manufacturer of SK Hynix chips. This was reported by the Reuters news agency on June 22.
"SK Hynix has overtaken Samsung Electronics and has become the most expensive company whose shares are traded on the stock exchange in South Korea," the article says.
SK Hynix's capitalization reached 2,080.4 trillion won (about $1.35 trillion), while Samsung Electronics' market value was 2,066.7 trillion won (about $1.34 trillion), the newspaper reports.
The agency emphasizes that the loss of leadership is due to the rapid growth of SK Hynix amid the boom in artificial intelligence. The company has become the largest supplier of high-performance HBM memory for AI systems and, according to the source, controls 61% of the global market for such chips against 17% for Samsung.
From the report of the analytical company Counterpoint Research (CR), published on June 1, it became known that the global smartphone market in 2026 will show a record decline in the entire history of observations. Experts call the worsening situation with the supply of RAM modules a key factor in the negative dynamics.
In addition, The Wall Street Journal (WSJ) reported on May 7 that Samsung has decided to stop selling televisions and household appliances in China. The manufacturer intends to focus on the retail sale of smartphones and computer chips.
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