2024-05-25 05:40:19 ET
Summary
- Samsung Electronics is a leading developer of electronics, including smartphones, TVs, computers, and memory devices.
- The company's recent growth is expected to continue, driven by its advancements in AI technology and its leading market share in the global smartphone industry.
- Samsung's upcoming release of its 3nm GAA chip and potential partnership with Nvidia could further drive revenue growth and profits.
Samsung Electronics (OTCMKTS: OTCPK:SSNLF ) develops electronics, specifically smartphones, TVs, Computers, Tablets, memory devices, and parts necessary for semiconductor chips. Samsung has shown lots of innovation in the electronics industry. Most recently, Galaxy AI , which is Samsung's own Artificial Intelligence ( AI ) product which is in its newer phones and allows users to be both more creative and more productive. Graph 1 below, shows Samsung’s 5 year growth, which is up about 85% over the time period. Currently, on May 20, 2024, the stock is still down 11% from its all time high, with a market cap of 524.95 Trillion KRW. This is a market cap of about $385 billion USD....
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Samsung: 3nm Semiconductor Innovations Driving Market Dominance