SEOUL, June 7 (Korea Bizwire) — Securities firms are lowering their forecasts for Samsung Electronics Co.’s share price despite the company’s optimistic projections. The average target price proposed by brokerage houses for the giant chipmaker last Thursday was 93,100 won, down by more than 9 percent over the past 12 months, according to the data [...]
SEOUL, Oct. 8 (Korea Bizwire) — Shares in SK hynix Inc. plunged on concerns over a slowdown in the memory market, analysts here said Friday, as they lowered the target price for South Korea’s No. 2 chipmaker. SK hynix closed at 94,000 won (US$78) on the Seoul bourse after a 1.78 percent decline, so far [...]
SEOUL, Sept. 19 (Korea Bizwire) – Samsung Electronics Co.’s share price rallied this month on hopes for a recovery in the memory chip market and earnings in the upcoming quarters. Shares of Samsung Electronics, the top market cap on South Korea’s stock market, closed at 49,150 won (US$41.2) on Thursday, up 3.04 percent from the [...]