Samsung Electronics becomes the first Korean company to break 2 quadrillion won market cap
Published: 01 Jun. 2026, 16:37
![Samsung Electronics headquarters in Seocho District in southern Seoul on May 13 [NEWS1]](https://koreajoongangdaily.joins.com/data/photo/2026/06/01/6af45951-156c-4a3b-b9be-7ed60a6a8fca.jpg)
Samsung Electronics headquarters in Seocho District in southern Seoul on May 13 [NEWS1]
Samsung Electronics became the first company in Korean stock market history to surpass a market capitalization of 2 quadrillion won ($1.32 trillion) during intraday trading on Monday.
Samsung Electronics shares were trading at 346,500 won as of 11:44 a.m., up 9.31 percent from the previous session, according to the Korea Exchange. The rally pushed the company's market value to approximately 2.025 quadrillion won.
Samsung Electronics has been on a strong upward trajectory after announcing the world's first shipment of sample units of its next-generation high-bandwidth memory product, HBM4E on Friday.
Growing optimism over the AI semiconductor market has also boosted investor sentiment.
SK hynix, Korea’s second-largest listed company by market capitalization, also continued to rise, though it lost ground relative to Samsung Electronics.
Its market capitalization stood at 1.69 quadrillion won as of the same time, about 83.4 percent of Samsung Electronics’ value.
Market participants attribute Samsung Electronics' gains to expectations of rising demand for AI semiconductors and an improving outlook for the memory chip industry.
The milestone came as the Kospi surged past the 8,800 level during intraday trading on Monday to reach a record high.
This article was originally written in Korean and translated by a bilingual reporter with the help of generative AI tools. It was then edited by a native English-speaking editor. All AI-assisted translations are reviewed and refined by our newsroom.
BY JEONG JAE-HONG [[email protected]]
with the Korea JoongAng Daily
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