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    A005930   KR7005930003

SAMSUNG ELECTRONICS CO., LTD.

(A005930)
  Report
End-of-day quote Korea Stock Exchange  -  2022-09-28
52600.00 KRW   -0.57%
06:24aSoftBank cuts about 150 staff globally -source
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09/29SAMSUNG ELECTRONICS CO., LTD. : Ex-dividend day for quarterly dividend
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09/28MarketScreener's World Press Review : September 28, 2022
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Samsung's Vietnam staff feel chill of tech slowdown

08/04/2022 | 06:47am EDT

STORY: Workers in Vietnam may be feeling the effects of a global slowdown in consumer spending.

Samsung has reportedly scaled back production at its massive smartphone plant there.

That's according to workers at the facility.

Employees at the factory in northern Vietnam told Reuters their work days had been cut to just three a week.

They also said 'no overtime is needed'.

Reuters could not immediately establish if Samsung is moving production to other manufacturing bases to make up for lower output from the factory.

Samsung told Reuters it has not discussed reducing its annual production target in Vietnam.

The company is relatively optimistic about smartphone demand in the second half of the year.

It said last week that supply disruptions had mostly been fixed, and that demand would either stay flat or see single-digit growth.

But a dozen workers who spoke to Reuters outside the factory in the north of Vietnam said business is not good.

They claimed managers had told workers inventories were high and there were not many new orders.

Samsung has six factories in Vietnam, which pushes out half of the firm's massive phone output.

The South Korean company shipped 270 million smartphones last year.

Samsung is also Vietnam's biggest foreign investor and exporter.

It has poured $18 billion into the country and makes up a fifth of Vietnam's total exports.


© Reuters 2022
All news about SAMSUNG ELECTRONICS CO., LTD.
06:24aSoftBank cuts about 150 staff globally -source
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09/29SAMSUNG ELECTRONICS CO., LTD. : Ex-dividend day for quarte..
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09/28MarketScreener's World Press Review : September 28, ..
MS
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09/28S.Korean shares, won tumble on recession fears
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Analyst Recommendations on SAMSUNG ELECTRONICS CO., LTD.
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Financials
Sales 2022 312 731 B 219 B 219 B
Net income 2022 40 113 B 28,1 B 28,1 B
Net cash 2022 116 054 B 81,2 B 81,2 B
P/E ratio 2022 8,59x
Yield 2022 2,79%
Capitalization 353 015 B 247 B 247 B
EV / Sales 2022 0,76x
EV / Sales 2023 0,69x
Nbr of Employees -
Free-Float 83,0%
Chart SAMSUNG ELECTRONICS CO., LTD.
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Samsung Electronics Co., Ltd. Technical Analysis Chart | MarketScreener
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Technical analysis trends SAMSUNG ELECTRONICS CO., LTD.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 37
Last Close Price 52 600,00 KRW
Average target price 79 097,22 KRW
Spread / Average Target 50,4%
EPS Revisions
Managers and Directors
Jong-Hee Han Chief Executive Officer
Hee-Chan Roh Chief Financial Officer
Han-Jo Kim Independent Director
Sang-Gyun Kim Head-Compliance Management
Sang-Ju Lee Executive Director & Head-Compliance Team
Sector and Competitors