# Samsung is only the second Asian company after Taiwan Semiconductor Manufacturing Company (TSMC) to achieve the milestone.

*semiconductor · news · 2026-05-06 · News18*

## Key points

- Samsung Electronics surpassed $1 trillion in market valuation, only the second Asian firm after TSMC.
- Apple is exploring US-based chip production with Samsung, potentially reducing reliance on TSMC.
- Samsung's semiconductor division posted record Q1 profit, earnings surging 48-fold from AI demand.
- Workers at Samsung plan an 18-day strike, demanding a larger share of profits from the AI boom.
- Samsung projects memory chip supply-demand could be even tighter in 2027 than in 2026.

**Companies:** Samsung Electronics, TSMC, SK Hynix
**Countries:** South Korea, Taiwan, United States

[Read the full story on News18](https://www.news18.com/business/economy/samsung-crosses-1-trillion-market-cap-joins-tsmc-in-semiconductor-elite-ws-l-10076323.html)

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