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Samsung Electronics ASML Stake Sale: Profit, Strategic Collaboration, and Investment Plan.

[비즈니스포스트] Samsung Electronics sold a portion of its stake in Dutch semiconductor equipment company ASML in the third quarter, following the second quarter.

According to the quarterly report published by Samsung Electronics on the 14th, 1,169,665 shares of ASML stock were sold in the third quarter. Accordingly, Samsung Electronics’ ASML share decreased from 0.7% (2,750,072 shares) to 0.4% (1,580,407 shares) at the end of the second quarter.

▲ Samsung Electronics sold some of its shares in ASML and secured approximately KRW 1 trillion in cash.

During the same period, the equity value decreased from 2.601 trillion won to 1.2562 trillion won. Considering this, the cash Samsung Electronics secured through the sale of ASML shares in the third quarter is estimated to be approximately 1.3 trillion won.

To establish a strategic collaboration with ASML, Samsung Electronics purchased a 3.0% stake (12,595,575 shares) for 363 billion won in 2012 and disposed of most of it in 2016 and this year. Previously, in the second quarter, it sold 3,547,715 shares and secured 3 trillion won.

The electronics industry believes that Samsung Electronics made a profit nearly 10 times the purchase price in 2012. Samsung Electronics is expected to use the money raised from the sale of shares to invest in semiconductors.

Samsung Electronics predicts that its annual facility investment this year will be the largest ever. Specifically, an investment of 53.7 trillion won is planned, including 47.5 trillion won in semiconductors and 3.1 trillion won in displays.

In fact, Samsung Electronics has made a cumulative facility investment of 36.6997 trillion won as of the third quarter of this year. Of the facility investment costs, KRW 33.4408 trillion, equivalent to 91%, was spent on new, expanded and supplementary investments in the DS division, which is responsible for the semiconductor business. 20.7997 trillion won was also spent on research and development. Reporter Ryu Soo-jae

2023-11-14 09:52:52
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