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[Alpha Biz=(Chicago) Reporter Kim Jisun] Samsung Electronics sold part of its stake in ASML, a Dutch semiconductor equipment company.
According to Samsung Electronics' semiannual report on the 15th, Samsung Electronics' stake in ASML stood at 2,750,072 shares as of the end of the first half of the year. It fell 3,547,715 shares from 6,297,787 shares in the first quarter. Samsung Electronics' stake in ASML decreased from 1.6% to 0.7% during the period.
Samsung Electronics' stake in ASML fell to 2.6 trillion won at the end of the second quarter from 5.597 trillion won in the first quarter. Considering the ASML stock price, Samsung Electronics seems to have secured about 3 trillion won in funds from the stake sale.
Samsung Electronics is expected to use the newly raised funds for semiconductor-related investments. It is heard that investments are scheduled for the memory semiconductor facility in Pyeongtaek, Gyeonggi Province, and the Taylor Foundry plant in Texas in the second half of this year.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
