As of 10:30 AM on the 30th, Samsung Electronics is trading at 67,800 KRW, down 0.59% from the previous day. The trading volume is 9,775,026 shares, which is about 70.28% of the previous day's volume. Samsung Electronics is known as a global IT company.
On November 25, Kiwoom Securities researcher Park Yu-ak stated, "The DRAM industry is expected to complete its down cycle by 1Q21 and enter a long-term boom phase starting from 2Q21. This is due to multiple factors causing increased demand and reduced supply, such as Intel's new CPU launch, rising 5G smartphone penetration rates, and the transition to DDR5. The NAND industry turnaround is expected in 2H21, along with the full-scale growth of the Enterprise SSD market." He set Samsung Electronics' target price at 90,000 KRW.
Over the past five days, individual investors have net purchased 2,703,103 shares of Samsung Electronics, while foreigners and institutions have net purchased 3,551,901 shares and net sold 5,622,695 shares, respectively.
※Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
