Samsung's market value exceeds $1 trillion, second Asian company to achieve this achievement
Samsung's market value exceeds $1 trillion, second Asian company to achieve this achievement South Korean technology company Samsung 's market valuation has exceeded $1 trillion. With this, Samsung has become the second company in Asia to cross this figure. According to CNBC , Samsung Electronics' market value has reached 1.5 trillion Korean won, or about $1.03 trillion. Previously, only Taiwanese chipmaker TSMC had achieved this success in Asia. The company's recently released first-quarter financial report has seen a new wave of investors. With the release of the report, the company's stock price increased by about 15 percent in a single day. This is the first time in Samsung's history that the share price has increased so much in a single day. According to financial statements, Samsung's operating profit has increased more than eightfold compared to the same period last year to 57.2 trillion won. Similarly, the company has generated 133.9 trillion won i...