Samsung Electronics has significantly strengthened its dominant position in Korea’s equity market, with its record-breaking first-quarter earnings propelling the combined market capitalization of its group affiliates to nearly 1,600 trillion won ($1.08 trillion).
As reported by the Korea Exchange on Wednesday, the total market value of the 17 listed Samsung Group affiliates reached a staggering 1,588.5 trillion won at market close. This impressive figure accounts for 39.65 percent of the total market capitalization across the Kospi, Kosdaq, and Konex markets, highlighting Samsung’s unparalleled influence.
This substantial surge follows Samsung Electronics’ blockbuster earnings announcement a day earlier, which saw its shares jump 7.12 percent to 210,500 won. The tech giant’s individual market capitalization ascended to approximately 1,246 trillion won, representing a remarkable 78.4 percent of the entire Samsung Group’s total value.
For the January-March period, Samsung Electronics disclosed a preliminary operating profit of 57.2 trillion won, marking an astounding 755 percent increase from the previous year. Revenue also soared to 133 trillion won, up 68.1 percent year-on-year.
These unprecedented results signify a historic milestone for the company, as it was the first time Samsung’s quarterly revenue surpassed 100 trillion won and its operating profit exceeded 50 trillion won.
The key driver behind this exceptional earnings performance was a robust rebound in the semiconductor sector. Surging global demand for artificial intelligence (AI) applications has ignited a new memory supercycle, consequently pushing chip prices significantly higher.
Industry analysts anticipate this upward cycle will persist throughout the year, largely due to Samsung’s unparalleled technological leadership. Samsung stands uniquely as the world’s only chipmaker boasting integrated capabilities across logic, memory, foundry, and advanced packaging, giving it a crucial competitive edge in the global semiconductor market.
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