Samsung became the second Asian company with a capitalization of $1 trillion
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- Samsung became the second Asian company with a capitalization of $1 trillion
Samsung Electronics has reached a market capitalization of $1 trillion, becoming the second Asian company after Taiwan Semiconductor Manufacturing Co. to reach this mark. This was reported by Bloomberg on May 6.
The growth in shares of the South Korean manufacturer occurred against the background of increased demand for chips for artificial intelligence (AI). Over the past year, the value of the company's securities has more than quadrupled, the agency writes. On Wednesday, May 6, shares rose by 13%.
Samsung's semiconductor division recently reported record profits for the first quarter of 2026, showing 48-fold growth and exceeding expectations thanks to orders for AI data centers. Bloomberg analysts forecast further earnings and stock growth of about 25% over the course of the year.
However, the company also has problems, the agency points out. Among them is the decline in the mobile and display business due to rising prices for necessary materials. In addition, Samsung employees are threatening an 18-day general strike, demanding a larger share of the profits of popular AI functions.
On April 10, Reuters reported that the American corporation Apple became the world leader in smartphone shipments in the first quarter of 2026. For the first time in the first quarter, the company led the smartphone market with a share of 21%. The report clarifies that Samsung took the second place with a score of 20%, and Xiaomi took the third place, with smartphone shipments accounting for 13% of the total market.
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