Samsung Electronics, SK hynix reach combined market cap of 1 quadrillion won

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Samsung Electronics, SK hynix reach combined market cap of 1 quadrillion won

The Samsung logo is seen in a flag outside Samsung Electronic's headquarters in Seocho District, southern Seoul, on Oct. 31, 2024. [YONHAP]

The Samsung logo is seen in a flag outside Samsung Electronic's headquarters in Seocho District, southern Seoul, on Oct. 31, 2024. [YONHAP]

 
The combined market capitalization of Samsung Electronics and SK hynix surpassed 1 quadrillion won ($696.9 billion) for the first time in history.
 
As of 11:03 a.m. on Friday, Samsung Electronics had a market cap of 584.27 trillion won, while its preferred shares were valued at 64.05 trillion won, according to the Korea Exchange.
 

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SK hynix's market cap stood at 370.92 trillion won.
 
In total, the three listings amount to more than 1.018 quadrillion won.


This article was originally written in Korean and translated by a bilingual reporter with the help of generative AI tools. It was then edited by a native English-speaking editor. All AI-assisted translations are reviewed and refined by our newsroom.
BY SHIN HYE-YEON [[email protected]]
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