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The latest announcement is out from Samsung Electronics ( (GB:SMSN) ).
Samsung Electronics has entered into a significant supply agreement for semiconductor contract manufacturing with a large global company. The contract, valued at approximately KRW 22.76 trillion (USD 16.54 billion), represents 7.6% of Samsung’s annual revenue for the most recent fiscal year. The contract period spans from July 24, 2025, to December 31, 2033. While specific details remain confidential due to business purposes, the agreement underscores Samsung’s strategic positioning in the semiconductor industry and its potential impact on future revenue streams.
More about Samsung Electronics
Samsung Electronics is a leading global technology company, primarily engaged in the manufacturing of consumer electronics, semiconductors, and telecommunications equipment. The company focuses on innovation and quality, serving a wide range of markets worldwide.
Average Trading Volume: 11,748
Technical Sentiment Signal: Buy
Current Market Cap: $312.3B
For detailed information about SMSN stock, go to TipRanks’ Stock Analysis page.