Samsung Electronics market cap hits 1 trillion dollars

Samsung Electronics market value reached 1.03 trillion dollars on Wednesday. Shares rose 12 percent in Seoul as the benchmark Kospi index gained 5.4 percent.

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SAMSUNG ELECTRONICS CO LTD saw its market capitalization surpass 1,500 trillion won ($1.03 trillion) as shares rose 12% on May 6. The rally outpaced a 5.4% gain in the benchmark Kospi index during the South Korea morning session. Reaching the $1 trillion valuation marks a historic milestone for the global semiconductor and electronics leader.

Samsung Valuation Hits Record High

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