Cannabis Report
Home > Boards > Other Markets > Foreign Stock Markets >

Samsung Electronics Ltd. (SSNLF)

SSNLF RSS Feed
Add SSNLF Price Alert      Hide Sticky   Hide Intro
Moderator: mick
Search This Board: 
Last Post: 7/23/2018 3:30:16 PM - Followers: 7 - Board type: Free - Posts Today: 0


Samsung Electronics Ltd./ FIRST EVER SPLIT , 50 TO 1 FORWARD SPLIT - ANNOUNCED  1-30-2018

Contact Info

416 Maetan 3 Dong
Paltal-Gu
Suwon Kyonggi 442-373
Korea, Republic Of
Website: http://www.sec.samsung.co
Phone: 82-331-200-1114

Now, SAMSUNG ELECTRONIC (OTC: SSNLF), 
the world's largest chipmaker, has elected to take the plunge, 
according to a TechCrunch report. 

Too Good To Pass Up 

The Korean chipmaker confirmed it is manufacturing ASIC chips 
used to mine cryptocurrencies such as bitcoin and ether. 

ASIC chips are used for single computational task, rather than for multipurpose computing, according to The Verge. 

The TechCrunch report quoted a Samsung spokesperson as saying the company's foundry business is making the chips, but Samsung cannot disclose further customer details. 

Samsung manufactures high-performance chips for GPUs, 
used for graphics applications on computers. 

The TechCrunch report suggested that Samsung's foray into the 
ASIC space places it in rivalry with Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE: TSM), 
companies that work with Bitmain and Canaan Creative, 
both of which make mining hardware. 

It remains to be seen if Samsung's foray is a giant leap of faith, 
and whether it's on a scale that could make a significant impact on 
its top-line. 

First-Ever Stock Split 

Riding on the back of a chip boom, 
Samsung announced its first stock split on Wednesday. 

The 50-1 split is necessitated by a higher valuation that's 
hindernig retail investors, according to the company. 

The move is in line with a three-year shareholder return policy 
for 2018-2020 the company announced in October, and which includes yearly dividends of 9.6 trillion won. 

The stock split is in addition to the 5.8-trillion won in dividends 
paid out in 2017 and 9.2-trillion-won in share repurchases in 2017. 

Samsung reported a record annual operating profit of 53.7 trillion won in 2017, 
capitalizing on the demand for chips in multiple applications such 
as smartphones, data centers and blockchain ledgers. 

Related Links: 

Cryptocurrency Mining: What It Is, How It Works And Who's Making Money Off It 

Crypto Comparisons: How Bitcoin, Litecoin, Ethereum, Ripple, Dash, And IOTA Moved In 2017 

© 2018 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. 



 
Cannabis Report
SSNLF
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
PlusOneCoin Top Posts
No plusone'd posts yet. Be the first!
PostSubject
#63   Samsung Electronics (SSNLF) mick 07/23/18 03:30:16 PM
#62   Samsung Electronics made a significant commitment to renewable energy FuninUSA 06/18/18 12:27:25 PM
#61   Samsung should buy VPLM and take over $Multi-Billion DeerBalls 06/09/18 08:37:30 AM
#60   Samsung’s cash reserves in Q1 of 2018: reaching FuninUSA 06/03/18 01:11:08 PM
#59   http://www.stockscores.com/charts/charts/?ticker=SSNLF mick 04/07/18 02:32:28 PM
#58   http://www.barchart.com/detailedquote/stocks/SSNLF mick 02/28/18 12:56:57 PM
#57   Samsung SDI Turns to Used Phones for Cobalt nyctraydr 02/12/18 02:40:29 PM
#56   i have not seen any trading, is it mick 01/31/18 12:31:40 PM
#55   Samsung Enters The Cryptocurrency Mining Space, Announces First-Ever mick 01/31/18 11:43:41 AM
#54   http://www.otcmarkets.com/stock/SSNLF/profile/ SSNLF mick 01/31/18 11:19:51 AM
#53   THIS COULD BE HUGE BUY NOW $SSNLF/ FORWARD mick 01/31/18 11:19:03 AM
#52   SSNLF Security Details Other Company Securities mick 01/31/18 11:15:07 AM
#51   $SSNLF Samsung Electronics (OTC:SSNLF) expects fourth-quarter operating profi mick 01/31/18 11:12:35 AM
#50   50 TO 1 FORWARD SPILT ANNOUNCED mick 01/31/18 11:11:24 AM
#49   masterful compaNy my friend $SSNLF mick 01/31/18 11:10:18 AM
#48   Samsung Electronics (OTC:SSNLF) expects fourth-quarter operating profit to Anty_Jr 01/09/18 09:16:38 AM
#47   Some Galaxy Note 8 owners have reported battery Anty_Jr 01/02/18 01:44:39 PM
#46   Samsung's battery woes continue as lawsuits spread to scion 10/03/17 01:52:19 PM
#45   1 2017-05-03 COMPLAINT against All Defendants ( Filing fee $ scion 10/03/17 01:46:04 PM
#44   Holzworth v. Samsung Electronics America, Inc. et al scion 10/03/17 01:43:18 PM
#43   08/03/2017 65 AMENDED COMPLAINT FIRST AMENDED CONSOLIDATED CLASS ACTION scion 10/03/17 01:27:27 PM
#42   Pacer update 02 Oct 17 - In re scion 10/03/17 01:25:28 PM
#41   Samsung's battery woes continue as lawsuits spread to scion 09/26/17 03:04:52 AM
#40   Battery crackdown to prevent repeat of Samsung's Note scion 09/26/17 03:01:49 AM
#39   Why the Galaxy Note 7 kept exploding - scion 09/26/17 02:52:40 AM
#37   Samsung issues a recall on their phones because TRAPPER JIM 09/16/16 07:07:59 AM
#36   Sounds like a plan that just might work. SunshineSmiles 09/10/16 09:46:18 PM
#35   Let's keep dropping, so I can get some pennystockaholic 09/10/16 12:14:42 PM
#34   The move follows a Thursday warning from the SunshineSmiles 09/09/16 07:38:33 PM
#33   Samsung Strikes deal with Nokia http://marketexclusive.com/nokias-nysenok-sales- venturecapp 02/01/16 03:28:00 PM
#32   Symbolic Victory of Apple Over Samsung \ venturecapp 01/21/16 11:53:48 AM
#31   That's coming... EmptyBones 12/09/15 09:53:20 AM
#30   We don't want driverless cars! We want flying cars! Lowjack 12/09/15 07:33:29 AM
#28   LMAO. I can't believe you noobs think you EmptyBones 07/05/15 08:12:00 PM
#27   I don't think the link is working. Is InvestmentFan 12/01/14 12:38:16 PM
#26   EXCERPT from a PAID REPORT discussing Samsung UHD/4K Nikodemos 11/26/14 07:04:02 PM
#25   NanoTech Entertainment (Tick: NTEK $0.05) & Samsung: Nikodemos 11/25/14 01:25:33 AM
#24   Thanks for the link. That article is very InvestmentFan 11/24/14 12:11:26 PM
#23   OTC Samsung/NTEK NEWS: Nikodemos 11/24/14 11:52:21 AM
#22   Samsung is cutting a number of its smartphone InvestmentFan 11/18/14 01:51:54 PM
#21   (Elra) on fire! bigmoney13 10/31/14 03:00:26 PM
#20   AAPL is where the smart money is!!!!!!!!!!! bottom2thetop 07/30/14 11:40:45 AM
#19   BlackBerry - BBRY is a BUY $$$$$ its WoahBucks 06/13/14 01:09:05 AM
#18   SAMSUNG partner to do a Reverse Merger with C.G.B Spender 03/02/14 12:36:20 AM
#17   Will Samsung buy vndb? +100%! I heard rumor, Vendumadmirer 02/06/14 04:36:22 AM
#16   When was this at $13 and why didn't JerseyDrew 01/18/14 11:12:46 PM
#15   this is amazing , first time here. wow pps. mick 01/07/14 10:13:48 AM
#14   Hell ya!!! $ntek for the win. Go for gold Jordantrae 01/03/14 09:13:03 PM
#13   Was not expecting to see this... Small world Money Train 11/14/13 04:28:27 PM
#12   NTEK is going to be the leader in Pennyhunt 11/04/13 12:26:53 AM
PostSubject