Samsung
Samsung Stock Holdings Among Young South Koreans Exceed $1 Billion
Potentially, foreign investors may ditch Samsung stock worth billions of dollars since they are selling billions of shares.
Young South Koreans are increasingly buying billions of dollars worth of stock from foreign investors. Their holdings have surpassed $1 billion, with an efficient surge in shareholders under 20 years old. Somehow, this hints that the younger generation is bullish on Samsung’s potential. Official data from the Korea Securities Depository portal shows that there are nearly 400,000 young shareholders in Samsung Electronics who are under the age of 20.
Reportedly, the number of shareholders in this demographic has increased by almost 21x in four years. The Korean brand is the largest in South Korea by market capitalization, with 4,672,130 shareholders. The metrics reveal that young people aged 20 years or even younger own 391,869 shares, accounting for 8.38% of the brand’s entire shareholding, and the total value of the shares owned by these youngsters is 1.54 trillion won, or $1.12 billion.
The young South Korean investors are increasingly buying Samsung stock, averaging 46 shares each. The reason behind this rise may be due to a 2018 stock split that made shares more affordable; some view it as a safe investment, while others are drawn to the brand’s dedication to future technologies and potential for high returns.
It seems that if they have a longer investment horizon of two or even more decades, they wouldn’t have to worry about the stock’s stagnant performance over the past year, focusing on the long-term potential instead. The stock has boosted 402% over the past 14 years, after all. Noticeably, the fact that Samsung Electronics executives bought nearly $1 million in shares in the brand this month alone should also show them that even insiders are convinced of the company’s long-term potential.
However, those who do study the companies they invest in will be anticipative that Samsung’s bets on technologies in the future will pay off and help generate significant returns for investors.
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The Korean firm ‘Samsung’ is raising its mass production even beyond the expectations of its smartphone division.
Samsung Electronics is on cloud nine for the mass production of its Galaxy devices. Somewhere, the reason behind this seems to be the strong sales of the recently launched Galaxy S24 smartphones and lower-tier models in some markets.
The report says that Samsung asked its suppliers of cameras and other components to deliver parts for nearly 50 million phones by the end of the quarter. This hints that Samsung is ramping up production even further than the initial increase mentioned earlier. The boost arrives on the heels of a massive 22% bump in orders in the first quarter, compared to Samsung’s forecasts, for an overall 17% rise in potential sales for the brand in the first half of the year.
The reason behind the massive boost in Samsung’s sales is the generative AI-powered tools housed in the Galaxy S24series and strong sales of lower-cost phones in growing markets such as India. According to Korean supply chain industry officials, Samsung’s upward march may be coming to an end.
However, there is an efficient chance Samsung’s phone success could continue into the second half of the year. It is about to launch its next-generation foldable phones, the Galaxy Z Fold 6 and Galaxy Z Flip 6, which could boost the sales percentage of the firm. If both of these foldables match the expectations of fans, they could keep Samsung’s actuation going.
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Samsung Electronics is gearing up to launch three-dimensional (3D) packaging services for high-bandwidth memory (HBM) soon.
The Korean giant is launching a new 3D packaging technology for high-bandwidth memory (HBM) by the end of this year. This mechanism is expected to be used in the next generation of AI chips (HBM4), which will be released in 2025. At the Samsung Foundry Forum 2024 held in San Jose, California, the world’s largest memory chipmaker unveiled its next-generation chip technology roadmaps.
It’s the initial stage for Samsung to release the 3D packaging technology for HBM chips at a public event. Presently, HBM chips are packaged mainly with 2.5D technology. It arrived nearly two weeks after Nvidia co-founder and Chief Executive Jensen Huang unveiled the new-generation architecture of its AI stage Rubin during a speech in Taiwan. HBM4 will likely be embedded in Nvidia’s new Rubin GPU model, expected to hit the market in 2026.
The Korean giant’s latest packaging technology features HBM chips stacked vertically on top of Samsung Advanced Interconnection Technology-D. The brand is also offering a complete service based on turnkey for the 3D packaging of HBM chips. This involves integrating HBMs from their memory division with GPUs made for other brands by their foundry unit. The 3D packaging offers advantages, such as lower power consumption, faster processing, and improved signal quality.
The Korean giant is also looking forward to debuting a unified package for AI accelerators with all the essential components by 2027. This package will also include optical elements for super-fast data transmission. As per the increasing demand for low-power, high-performance chips, HBM is all set to make up 30% of the DRAM market in 2025, up from 21% this year.
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We are in the middle of the month, and Samsung is rolling out this month’s June 2024 security patch for Galaxy S21 smartphones in the European market.
Samsung Galaxy S21 series, which includes three models – Galaxy S21, Galaxy S21+, and Galaxy S21 Ultra, is receiving a new June 2024 security patch in Europe. The brand has already rolled out this update for the Galaxy S21 smartphone in the US on the Verizon network. The update for the European market has arrived with its specific firmware version, as mentioned here –
- Galaxy S21 – G991BXXSBGXED
- Galaxy S21+ – G996BXXSBGXED
- Galaxy S21 Ultra – G998BXXSBGXED
Samsung’s June 2024 security update fixed all the bugs and known issues that were housed in the previous version and were creating some inconvenience while performing a few functions. Since all the bugs were fixed with the update, it will surely enhance the overall system software.
The June 2024 security patch fixes 59 security vulnerabilities to upgrade the security and privacy of the device. It also boosts the overall system performance, security, reliability, and stability of the device to deliver a seamless and flawless performance.
The Galaxy S21 users currently receding in Europe are eligible to download the update. Interested users can easily download the update by just following simple steps – Go to Settings >> Software Update >> Download and install.
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