Shulou(Shulou.com)11/24 Report--

Thank CTOnews.com netizens soft media Xinyou 1933769 for the clue delivery! CTOnews.com, Aug. 16 (Xinhua) Samsung Electronics decided to sell some of it after seven years of owning a stake in Dutch semiconductor equipment maker ASML. The move has been interpreted as an effort to raise money for investments, especially as the company's operating profit is close to a loss this year.

According to Samsung Electronics' semi-annual report released on Aug. 15, its stake in ASML fell by 3.547715 million shares, from 6.297787 million shares in the first quarter to 2.750072 million shares in the second quarter. As a result, Samsung Electronics's stake in ASML fell from 1.6 per cent to 0.7 per cent. The book value (market capitalization) of the stake fell from about 5.59 trillion won to 2.6 trillion won.

Samsung Electronics sold some of its shares in ASML in the second quarter. Given ASML's recent share price, Samsung is estimated to have earned about 3 trillion won (CTOnews.com Note: about 16.35 billion yuan) from the sale.

In addition, in the second quarter, Samsung Electronics spun off 2.38 million shares (0.1 per cent) of Chinese electric car maker BYD and 1.544 million shares of South Korean integrated equipment company SFA, which may have gained about 150 billion won of investment capacity.

In order to establish a strategic partnership with ASML, Samsung Electronics bought a 3.0% stake (12.595575 million shares) in ASML for 36.3 billion won in 2012. ASML is the only company in the world that produces extremely ultraviolet (EUV) lithography devices. By the third quarter of 2016, Samsung Electronics had sold about half of its shares, or 1.4%, worth 750 billion won.

In terms of return on investment, Samsung Electronics has made a lot of money. The sale alone yielded nearly ten times the profit of the investment made at the beginning of 2012.

The stake sale is seen as a move by Samsung to raise money for semiconductor investment, and despite the global economic slowdown, Samsung Electronics continues to increase investment to enhance its future competitiveness. this can be seen from its record investment of 23.2473 trillion won (currently about 126.698 billion yuan) in the semiconductor business in the first half of this year.

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