Samsung Sells Down Entire ASML Stake

[tonyget]

Samsung Sells Down Entire ASML Stake to Expand in New Arenas - BNN Bloomberg

Samsung Electronics Co. sold its entire remaining stake in ASML Holding NV in the December quarter as part of its push to expand into new areas of chipmaking.

www.bnnbloomberg.ca

Samsung Electronics Co. sold its entire remaining stake in ASML Holding NV in the December quarter as part of its push to expand into new areas of chipmaking.

The world’s largest memory maker sold about 1.58 million shares, or 0.4%, of ASML, according to its most recent quarterly financial report filed to regulators. The stake was valued at around 1.26 trillion won ($930 million) as of the end of September, an earlier company filing showed.

Samsung bought a 3% stake in the Dutch chip gear maker for about 700 billion won in 2012. Four years later, the South Korean company sold half of its stake. Samsung has gradually reduced its stake since the second quarter of last year.

 

[hskuo]

Samsung Sells Down Entire ASML Stake to Expand in New Arenas - BNN Bloomberg

Samsung Electronics Co. sold its entire remaining stake in ASML Holding NV in the December quarter as part of its push to expand into new areas of chipmaking.

www.bnnbloomberg.ca

Samsung Electronics Co. sold its entire remaining stake in ASML Holding NV in the December quarter as part of its push to expand into new areas of chipmaking.

The world’s largest memory maker sold about 1.58 million shares, or 0.4%, of ASML, according to its most recent quarterly financial report filed to regulators. The stake was valued at around 1.26 trillion won ($930 million) as of the end of September, an earlier company filing showed.

Samsung bought a 3% stake in the Dutch chip gear maker for about 700 billion won in 2012. Four years later, the South Korean company sold half of its stake. Samsung has gradually reduced its stake since the second quarter of last year.

TSMC sold out ASML stocks long time ago. I just wondering does intel still keep ASML stocks? I saw intel cut the volume to below 3% in 2018.

Intel reduces its stake in ASML to below 3%

Intel has reduced its stake in supplier ASML Holding to just below 3 percent, according to an update from the registry of the Netherlands' Authority for Financial Markets on Friday.

www.cnbc.com