Tuesday, October 22, 2013

Samsung now the Largest Semiconductor Company

The Korean Stock Exchange recently announced that SamsungElectronics is now the largest semiconductor company in the world ahead of IntelCorporation. This morning, Intel Corporation had a market capitalization of$ 112B USD. Samsung Electronics, on the other hand, closed trading on Fridaywith a market cap of $ 120B USD. Though Samsung has clearly made strides to increasethe value of the company, Samsung's recent leg up on Intel has had much to dowith Intel's near free-fall in stock prices over the last year.

No comments:

Post a Comment