On August 6th, Dongwon Kim, a researcher at KB Securities, stated, "Samsung Electronics' CE performance in the second half of the year is expected to show a clear improvement trend. In particular, ① the online sales ratio of the CE (home appliances, TV) business increased to 25% in Q2 2020 and is expected to expand to 35% in Q4, improving profitability due to reduced promotional expenses, and ② the TV shipment volume in the second half is estimated to increase by +51% compared to the first half to 27 million units (second half QLED TV shipments 5.1 million units +113% HoH). Therefore, CE operating profit is expected to exceed 1 trillion KRW for the first time in a quarter." He set the target price for Samsung Electronics at 72,000 KRW.
Over the past five days, individual investors have net purchased 11,869,475 shares of Samsung Electronics, while foreigners and institutions have net sold 3,739,618 shares and 8,305,441 shares, respectively.

※ This article was generated in real-time by an automatic article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

