005935.KS - Samsung Electronics Co., Ltd.

KSE - KSE Delayed Price. Currency in KRW
40,600.00
+600.00 (+1.50%)
At close: 3:30PM KST
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Previous Close40,000.00
Open40,700.00
Bid40,550.00 x 0
Ask40,600.00 x 0
Day's Range40,500.00 - 40,950.00
52 Week Range29,750.00 - 40,950.00
Volume981,630
Avg. Volume1,035,804
Market Cap331.225T
Beta (3Y Monthly)1.00
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1,416.00 (3.54%)
Ex-Dividend Date2019-06-27
1y Target Est43,833.00
  • Samsung: Could QLED Revive Its Display Segment?
    Market Realist

    Samsung: Could QLED Revive Its Display Segment?

    Samsung Display, a unit of Samsung Electronics (SSNLF), announced an $11 billion investment in QLED research and development by 2025.

  • Financial Times

    Samsung: always on display

    A bet Samsung made six years ago is costing it dearly. The world’s biggest display maker opted not to develop large organic light-emitting diode (OLED) television screens, reckoning the ultra-high definition technology  too costly. Samsung, faced with the unthinkable possibility of buying screens from LG for its TVs, is investing $11bn in the next generation displays over the next six years.

  • Samsung Is Pouring $11 Billion Into Next-Generation Displays
    Bloomberg

    Samsung Is Pouring $11 Billion Into Next-Generation Displays

    (Bloomberg) -- Samsung Display Co. plans to spend 13.1 trillion won ($11 billion) developing and building next-generation displays, responding to a flood of supply and price pressure from fast-moving Chinese rivals.In an announcement event attended by Korean President Moon Jae-in and Samsung Electronics Co. Vice-Chairman Jay Y. Lee, the investment was presented as a move to reorganize the display industry while maintaining Samsung’s global lead and Korea’s established dominance. The government will invest about 400 billion won into next-generation displays to propel that objective, Moon said.The Samsung unit will build a quantum-dot display production line in Asan, according to a company statement, which will begin operations from 2021 with an initial monthly capacity of 30,000 panels larger than 65 inches. Production will then scale up from there, with a long-term development plan that stretches out to 2025. The investment will help create 81,000 jobs, the company added.Samsung and cross-town rival LG Display Co. are grappling with a surge of competition from Chinese suppliers such as BOE Technology Group Co., which in recent years have ramped up liquid crystal display-making capacity and are increasingly making inroads into next-generation screens. To offset a decline in margins and loss of clients, Samsung is moving forward with development of quantum-dot displays. Its stock ended Thursday largely unchanged.Samsung’s heir and de-facto leader Lee has pledged to invest for the long-term in the display business, which is one of the three main pillars -- alongside memory chips and smartphones -- in which the Korean tech champion is world leader. The company is making a huge bet on the market as the business environment deteriorates and a trade spat between Korea and Japan creates uncertainty around the supply of chemicals and components necessary to manufacture advanced displays. This week, Samsung reported a quarterly profit decline of more than 50%, though that was less of a fall than anticipated.Read more: Samsung Beats Estimates as Demand Picks Up for Note, IPhoneKorea’s largest company is the world’s foremost producer of high-margin OLED displays, but hit a snag last year when orders from Apple Inc. underwhelmed after the marquee iPhone XS fared worse than expected. It remains to be seen how enticing the new iPhone 11 Pro models will be to consumers over the critical holiday shopping season, though analysts are growing optimistic on demand.Away from displays, the unpredictability surrounding tensions between the U.S. and China -- where Samsung earns a big chunk of revenue -- has led to a downturn in the chip industry at a time when smartphone demand tapers off and the pace of data center construction decelerates.(Updates with Samsung’s shares in the fourth paragraph. An earlier version of the story corrected the timeframe for production capacity.)To contact the reporter on this story: Sohee Kim in Seoul at skim847@bloomberg.netTo contact the editors responsible for this story: Peter Elstrom at pelstrom@bloomberg.net, Edwin Chan, Vlad SavovFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Financial Times

    Samsung Display to inject $11bn into next-generation screens

    The world’s biggest display maker will build a production line in central South Korea to produce large-size organic light-emitting diode (OLED) TV panels — above 65 inches — in 2021. Samsung’s bet on OLED technology comes as it grapples with growing price pressure from low-cost Chinese rivals in the LCD business.

  • Reuters

    UPDATE 2-Samsung Display to invest $11 bln by 2025 amid industry oversupply

    Apple Inc supplier Samsung Display said on Thursday it will invest 13.1 trillion won ($11 billion) on facilities and research to upgrade a production line, as it battles severe oversupply due to weak global demand for smartphones and TVs. The unit of Samsung Electronics Co Ltd said that by 2025 it will spend 10 trillion won on facilities and the rest on research and development to produce more advanced display screens. The investment announcement comes at a time when South Korea's panel makers have been struggling to cope with slower liquid crystal display (LCD) demand for TV and smartphones as well as rising competition from Chinese rivals and a shift by major clients to organic light emitting diode (OLED) panels.

  • Is a Rebound Likely for Samsung in the Third Quarter?
    Market Realist

    Is a Rebound Likely for Samsung in the Third Quarter?

    Samsung just announced its third-quarter guidance. The company expects an operating profit of about 7.7 trillion Korean won, or $6.43 billion.

  • FX Empire

    Asian Shares Boosted by Hopes of US-China ‘Mini-Deal’

    U.S.-China trade talks are at the forefront, but investors are also monitoring the ongoing Brexit discussions and debating the degree of easing required from the Federal Reserve following the recent string of weakening U.S. activity indicators and the slowing in the labor market.

  • Reuters

    UPDATE 3-Strong smartphone sales raise hopes of Samsung turnaround

    Strong sales of Samsung Electronics' Galaxy Note 10 smartphone series are limiting forecast profit falls at the South Korean tech giant, raising hopes it is getting back on a growth track after years of moribund sales. Samsung, the world's largest smartphone maker, is powering ahead with the launch of 5G phones and $2,000 foldable handsets as it heats up competition with rivals U.S. Apple and China's Huawei following a battery explosion scandal in 2017 that hurt sales. There are also early signs that the global memory chip business, a key driver of Samsung's profit, will stabilise next year after prices were eroded by a weak global economy and slower spending by key data centre customers.

  • Samsung Billionaire Heir to Cede Board Seat Before Bribery Probe
    Bloomberg

    Samsung Billionaire Heir to Cede Board Seat Before Bribery Probe

    (Bloomberg) -- Samsung Electronics Co.’s de facto leader, Jay Y. Lee, plans to give up his board seat after his directorship expires late October as he prepares for another trial over alleged bribery, a person familiar with the matter said.The billionaire heir won’t seek to extend his three-year term on the board of the tech behemoth when it ends Oct. 26, but will remain at the helm of the world’s largest chip and smartphone maker, the person said, asking not to be named because of the sensitivity of the issue. Lee will instead continue to run Samsung Electronics with the title of vice chairman though its board will stay central to overall management, the person added.The 51-year-old is putting some distance between himself and Korea’s largest conglomerate ahead of a re-trial over bribery charges that could land him back in jail. He faces additional allegations in a landmark case that inflamed popular anger over the chaebols that control the country’s economy and helped bring down former president Park Geun-hye. Lee may be pre-empting a backlash over his re-seeking a board position -- which requires shareholder approval -- while contesting a months-long legal case.Read more: Samsung’s Lee Faces a Retrial That Could Put Him Back in JailWhen Lee joined the board in 2016, it was deemed a symbolic move to step out from under the shadow of his ailing father and consolidate his power over Samsung. His ascension was intended to shore up his position as a leader who drives strategic initiatives such as mergers and acquisitions.Yet months later, Lee’s fortunes reversed. Caught up in a nationwide scandal, Lee spent about a year in prison battling accusations that he offered horses and funds to a confidante of then-president Park in return for support of a 2015 merger that cemented his control over the Samsung group.Since his release in 2018, Lee has been busily re-cultivating an image as the face of successful Korean business. He joined President Moon Jae-in on visits to India and Pyongyang, and expanded his network via meetings with financier Mohammed bin Salman and Indian tycoon Mukesh Ambani.The only son of Chairman Lee Kun-hee will remain Samsung’s overseer for the time being, grappling with a laundry list of tasks including steering Samsung through a severe industry downturn. The company’s operating income fell more than 50% in the September quarter, though that was less of a decline than anticipated.As Lee has stressed in a series of press releases, the company needs to continue to invest in future businesses such as logic chips and even sixth-generation mobile networks to overcome growing uncertainty.Why Samsung’s Lee Needs to Do His Prison Time: Michael SchumanTo contact the reporter on this story: Sohee Kim in Seoul at skim847@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Peter ElstromFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • TheStreet.com

    Samsung Sees Smaller Q3 Profit Decline as Galaxy Note 10 Launch Supports Sales

    Samsun forecast a smaller-than-expected decline in third quarter profits Tuesday, as solid sales for its flagship Galaxy Note 10 smartphone and a nascent turnaround in semiconductor demand looks to have stabilized earnings at the world's biggest chipmaker.

  • Financial Times

    Samsung beats forecasts with 56% fall in operating profit

    Samsung Electronics has projected that third-quarter profit fell for a fourth straight quarter, weighed down by lower memory chip prices but beating expectations amid signs of a chip cycle recovery. Operating profit at the world’s largest maker of microchips and smartphones fell 56 per cent to Won7.7tn ($6.4bn) in the July-September period compared with the same quarter a year ago, the company said on Tuesday. Sales fell 5.3 per cent to Won62tn, Samsung said.

  • Reuters

    CORRECTED-UPDATE 2-Samsung's Q3 profit estimate exceeds expectations on smartphone sales

    Samsung Electronics flagged slightly better than expected third quarter profit on Tuesday, helped by strong sales of its new Galaxy Note 10 smartphone series even as a slump in its memory chip business continued to weigh on earnings. Samsung, the world's largest smartphone maker, said it has sold more than 1 million of the 5G handsets in South Korea, making it the company's fastest selling flagship model at home. Analysts said that Samsung benefited from U.S. sanctions on Huawei Technologies Co Ltd that effectively bar U.S. firms from supplying its Chinese rival.

  • Strong smartphone sales raise hopes of Samsung turnaround
    Reuters

    Strong smartphone sales raise hopes of Samsung turnaround

    Strong sales of Samsung Electronics' Galaxy Note 10 smartphone series are limiting forecast profit falls at the South Korean tech giant, raising hopes it is getting back on a growth track after years of moribund sales. Samsung, the world's largest smartphone maker, is powering ahead with the launch of 5G phones and $2,000 foldable handsets as it heats up competition with rivals U.S. Apple and China's Huawei [HWT.UL] following a battery explosion scandal in 2017 that hurt sales. There are also early signs that the global memory chip business, a key driver of Samsung's profit, will stabilise next year after prices were eroded by a weak global economy and slower spending by key data centre customers.

  • Reuters

    Samsung Elec says Q3 profit likely fall 56% on memory chip slump

    South Korea's Samsung Electronics Co Ltd said on Tuesday its third-quarter operating profit likely fell 56% from a year earlier, slightly better than analysts had expected. The world's biggest semiconductor firm by revenue has struggled since late last year as a weak global economy and slower spending from data centre customers ended a two-year boom in the memory chip market where Samsung rakes in around two thirds of its entire profit. Samsung said its operating profit was likely 7.7 trillion won ($6.44 billion) in the quarter ended September, down 56% from a record 17.6 trillion won a year ago but above the 7.1 trillion won average analyst forecast by Refinitiv SmartEstimate.

  • Samsung ends smartphone production in China
    MarketWatch

    Samsung ends smartphone production in China

    Samsung’s market share in China has dwindled in recent years as competitors like Huawei and Xiaomi gained more traction.

  • Samsung heir Lee won't seek board term extension: report
    Reuters

    Samsung heir Lee won't seek board term extension: report

    Samsung Group heir Jay Y. Lee will not seek an extension to his term as director of the board of Samsung Electronics, the Korea Economic Daily newspaper reported on Friday. A South Korean court this month is set to review Lee's suspended jail sentence for bribery linked to former President Park Geun-hye. Lee, 51, will remain vice chairman of Samsung Electronics, the largest business in South Korea's largest chaebol, or family-run conglomerate, the newspaper said, citing unnamed sources.

  • Recovery beckons for Samsung as chip prices stabilize
    Reuters

    Recovery beckons for Samsung as chip prices stabilize

    Samsung Electronics Co Ltd <005930.KS> is likely to post a fourth consecutive quarter of declining profit when it reports preliminary earnings next week, though investors will be hoping the worst has passed with chip prices showing signs of recovery. Falling semiconductor prices and the drawn-out U.S.-China trade war have bitten into profits at the world's top memory chip and smartphone maker but analysts expect to see earnings growth next year as chip prices turn around. Samsung is likely to flag a 60% decline in July-September operating profit to 7 trillion won ($5.8 billion) on Tuesday, according to Refinitiv SmartEstimate, based on estimates from 28 analysts.

  • Recovery beckons for Samsung as chip prices stabilise
    Reuters

    Recovery beckons for Samsung as chip prices stabilise

    Samsung Electronics Co Ltd is likely to post a fourth consecutive quarter of declining profit when it reports preliminary earnings next week, though investors will be hoping the worst has passed with chip prices showing signs of recovery. Falling semiconductor prices and the drawn-out U.S.-China trade war have bitten into profits at the world's top memory chip and smartphone maker but analysts expect to see earnings growth next year as chip prices turn around. Samsung is likely to flag a 60% decline in July-September operating profit to 7 trillion won ($5.8 billion) on Tuesday, according to Refinitiv SmartEstimate, based on estimates from 28 analysts.

  • Barrons.com

    Samsung’s Digital Wallet Just Got Fatter. It’s Adding Money Transfers to 47 Countries and a Virtual Debit Card.

    (005930)’ mobile payment and digital wallet, Samsung Pay, is adding international money transfers to its offerings. Samsung Electronics America has teamed-up with the U.K.-based financial technology group (FIN) (ticker: FIN.UK) to deliver the money-transfer feature via its foreign exchange company called Travelex. Read more: Samsung and Other Asian Companies Will Profit from Electric-Car Demand.

  • Samsung Pay, Finablr team up on in-app international money transfers
    MarketWatch

    Samsung Pay, Finablr team up on in-app international money transfers

    The so-called Money Transfer feature will be offered in Samsung Pay, the mobile payment and digital wallet service by the U.S. arm of the South Korean multinational conglomerate, and allow users to make cross-border fund transfers to 47 countries.

  • MarketWatch

    Samsung Pay inks money-transfer partnership with Finablr

    Financial technology company Finablr PLC said Thursday that it was partnering with Samsung Electronics America, a Samsung Electronics Co. Ltd. subsidiary, on a money-transfer feature that with be embedded within the Samsung Pay mobile wallet. The feature will allow users to make cross-border funds transfers to 47 countries. This capability within Samsung Pay is currently available in the U.S., with plans for expansion into international markets next year. Finablr shares are up more than 4% in Thursday trading.

  • Strong phone sales help Samsung beat forecasts
    Reuters Videos

    Strong phone sales help Samsung beat forecasts

    It's known as the world's biggest maker of smartphones. But Samsung's business goes a lot further than fancy handsets - and so do its problems. The South Korean giant gave a trading update update Tuesday (October 8). It says operating profit will tumble 56 percent in the third quarter. That's actually better than forecast. But chips remain a big problem. Prices for semiconductors have tumbled amid weak demand. They fell around 25% in the first quarter of this year. Though analysts see signs that things are at least getting less bad. While chip prices are still falling, the percentage decline is forecast to slow to single digits in early 2020. Meanwhile, Samsung's mobile phone business is looking a whole lot happier. The firm says its new Galaxy 10 smartphones are selling strongly, and it has 5G and folding handsets hitting the market. Rival Huawei has inadvertently lent a hand. Its sales have stumbled following the imposition of U.S. sanctions. They may prevent it selling phones fitted with Google apps. Samsung is all too happy to mop up any consumers now hesitant about the Chinese brand.

  • Sanford C. Bernstein Rate Samsung Stock 'Outperform'
    Bloomberg

    Sanford C. Bernstein Rate Samsung Stock 'Outperform'

    Oct.07 -- Mark Newman, senior research analyst at Sanford C. Bernstein, talks about Samsung Electronics Co.'s financial results and outlook. Samsung posted earnings that handily beat analyst estimates as stronger smartphone demand offset price declines in the memory chip business. Newman speaks with David Ingles and Yvonne Man on "Bloomberg Markets: Asia."

  • Samsung eyes recovery as chip prices firm up
    Reuters Videos

    Samsung eyes recovery as chip prices firm up

    It's known as the world's biggest maker of smartphones. But Samsung Electronics' business goes a lot further than fancy handsets - and so do its problems. The South Korean giant is due to report earnings on Tuesday (October 8). Analysts are forecasting a 60 percent decline in operating profit for the July-September quarter. Chips are the big headache. They account for over half of Samsung's profits. But prices for semiconductors have tumbled amid weak demand. They fell around 25% in the first quarter of this year. Now analysts see signs that things are at least getting less bad. Though chip prices are still falling, the percentage decline is forecast to slow to single digits in early 2020. Meanwhile, Samsung's mobile phone business is looking a whole lot happier. In the second quarter its market share in Europe jumped to a five-year high of over 40 percent, helped by new 5G devices. Rival Huawei has inadvertently lent a hand. Its sales have stumbled following the imposition of U.S. sanctions. They may prevent it selling phones fitted with Google apps. Samsung is all too happy to mop up any consumers now hesitant about the Chinese brand.