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Samsung Electronics' stock has more than doubled this year.
Samsung Electronics surpassed a $1 trillion valuation after a 13% stock surge driven by AI demand.
KEY POINTS
- The Kospi index smashed the 7,000 level and is up 70% this year, outpacing global markets.
- Samsung Electronics reported a 750% surge in first-quarter operating profit to a new record high.
- Supply bottlenecks for semiconductors are supporting pricing power for South Korean chip exporters.
- Samsung Electronics faces potential union strikes this month over bonus disputes despite market success.
COMPANIES
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