Samsung Electronics Hits 1-Year High, Surpasses 80,000 Won

Samsung Electronics, which led the stock market's rise on the 22nd, is continuing to drive gains in the early part of trading on the 23rd.

As of 9:08 a.m. on the same day, Samsung Electronics was trading at 84,800 Korean won, up 1,300 Korean won (1.56%) from the previous trading day. During the early part of trading, it briefly reached 85,800 Korean won, marking its highest price over the past year.

Samsung Electronics expanded its gains during the pre-market session before the regular trading session began, rising to 91,000 Korean won, but its upward momentum has slowed since the market opened. However, following a 4.77% increase the previous day, which solidified its position as the '80,000-won electronics company,' the upward trend has not been broken.

This appears to be driven by domestic and international experts forecasting a supercycle in the semiconductor industry, which has stimulated investor sentiment. Morgan Stanley, which had previously advocated the 'semiconductor winter theory' last year, stated, "This year's winter is expected to be warm," and presented a positive investment outlook for the domestic semiconductor sector.

Investors' next focus is expected to shift to Samsung Electronics' third-quarter earnings announcement. Samsung Electronics is expected to announce its preliminary third-quarter results in the first half of next month.