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Samsung Electronics Co Ltd (005935.KS)

005935.KS on Korea Stock Exchange

2,197,000.00KRW
18 Oct 2017
Change (% chg)

₩7,000.00 (+0.32%)
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₩2,190,000.00
Open
₩2,200,000.00
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₩2,205,000.00
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₩2,161,000.00
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₩2,210,000.00
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Fri, Oct 13 2017

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Samsung Electronics CEO Kwon announces shock resignation as profits surge

SEOUL Samsung Electronics Co Ltd said on Friday its CEO and Vice Chairman Kwon Oh-hyun plans to step down from management, deepening concerns over a leadership vacuum at the tech giant after group scion Jay Y. Lee was jailed for bribery. | Video

Behind bars, Samsung scion Lee sees his wealth top $2 billion

SEOUL Jay Y. Lee, the billionaire heir to South Korea's Samsung Group, should find some comfort that its crown jewel Samsung Electronics Co Ltd has reported record profit every quarter since he was jailed in February, making him even richer.

UPDATE 1-Behind bars, Samsung scion Lee sees his wealth top $2 bln

SEOUL, Oct 13 Jay Y. Lee, the billionaire heir to South Korea's Samsung Group, should find some comfort that its crown jewel Samsung Electronics Co Ltd has reported record profit every quarter since he was jailed in February, making him even richer.

Behind bars, Samsung scion Lee sees his wealth top $2 bln

SEOUL, Oct 13 Jay Y. Lee, the billionaire heir to South Korea's Samsung Group, should find some comfort that its crown jewel Samsung Electronics Co Ltd has reported record profit every quarter since he was jailed in February, making him even richer.

UPDATE 3-Samsung Elec CEO Kwon announces shock resignation as profits surge

* Kwon says time for Samsung to start anew with young leadership

Breakingviews - Warning signs flash at Samsung after big quarter

HONG KONG (Reuters Breakingviews) - Warning signs are flashing after another big quarter at Samsung Electronics. The South Korean group's top executive, Kwon Oh-hyun, unexpectedly resigned on Friday following record-smashing forecasts for operating profit. An early lead in memory chips has fuelled blistering earnings growth at Samsung despite legal woes. But as rivals circle, a widening leadership vacuum looks worrying.

Samsung Elec on track for record third quarter as chips soar

SEOUL Samsung Electronics Co Ltd said on Friday its third-quarter operating profit likely nearly tripled from a year earlier to a new record, beating analyst estimates as strong memory chip prices fattened margins.

Samsung Elec CEO Kwon Oh-hyun to step down from management

SEOUL, Oct 13 Samsung Electronics Co Ltd said on Friday its CEO and Vice Chairman Kwon Oh-hyun had decided to step down from management.

UPDATE 2-Samsung Elec on track for record Q3 as chips soar

* Q3 op profit likely $12.8 bln vs $12.6 bln analyst estimate

Samsung Elec says Q3 operating profit likely nearly tripled from yr ago

SEOUL, Oct 13 Tech giant Samsung Electronics Co Ltd estimated on Friday its third-quarter operating profit nearly tripled from a year earlier, beating expectations as strong memory chip prices likely padded margins.

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