Samsung Electronics clears all its shares in ASML and receives approximately 8 times the return
According to Samsung Electronics' audit report on the 21st, Samsung Electronics sold all 1580407 shares (0.4% equity) of ASML held as of the third quarter of last year in the fourth quarter.
According to the previously announced ASML stock value, the company appears to have raised approximately 1.2 trillion Korean won by selling the remaining shares.
Samsung Electronics previously spent approximately 700 billion Korean won in 2012 to acquire a 3.0% stake in ASML and collaborate on the development of the next generation lithography machine.
Subsequently, in 2016, Samsung Electronics sold half of its shares to recoup investment costs, earning approximately 600 billion Korean won. The remaining shares were sold in the second quarter of last year. It is expected that the sales revenue from stocks in the second quarter will be about 3 trillion Korean won, and the sales revenue in the third quarter will be about 1.3 trillion Korean won.
This means that the investment of 700 billion Korean won has received approximately 8 times the return on investment.
It is understood that Samsung Electronics is selling its ASML shares with the aim of ensuring funding sources for semiconductor investment, maintaining super gap technology, and preparing for the improvement of semiconductors.
Despite poor performance last year, Samsung Electronics invested KRW 28.34 trillion in research and development (R&D), reaching a historic high. It also invested KRW 53.1 trillion in facility investment, which is on par with 2022 and a historic high.
In the past, Samsung Electronics had adopted a "super gap" strategy, which continued to make bold investments as the semiconductor industry declined.
Samsung Electronics previously spent approximately 700 billion Korean won in 2012 to acquire a 3.0% stake in ASML and collaborate on the development of the next generation lithography machine.
Subsequently, in 2016, Samsung Electronics sold half of its shares to recoup investment costs, earning approximately 600 billion Korean won. The remaining shares were sold in the second quarter of last year. It is expected that the sales revenue from stocks in the second quarter will be about 3 trillion Korean won, and the sales revenue in the third quarter will be about 1.3 trillion Korean won.
This means that the investment of 700 billion Korean won has received approximately 8 times the return on investment.
It is understood that Samsung Electronics is selling its ASML shares with the aim of ensuring funding sources for semiconductor investment, maintaining super gap technology, and preparing for the improvement of semiconductors.
Despite poor performance last year, Samsung Electronics invested KRW 28.34 trillion in research and development (R&D), reaching a historic high. It also invested KRW 53.1 trillion in facility investment, which is on par with 2022 and a historic high.
In the past, Samsung Electronics had adopted a "super gap" strategy, which continued to make bold investments as the semiconductor industry declined.