Samsung Group's market value fell 23% in 2024, largely due to drops in tech affiliates' shares.

In 2024, Samsung Group's affiliates saw their market value drop by 23% to 548.4 trillion won ($371.5 billion), down from 709.6 trillion won a year earlier. This decline was largely due to Samsung Electronics, whose shares fell 31.71%, along with drops in Samsung SDI Co. (47.66%) and Hotel Shilla Co. (42.58%). The decrease is linked to a slump in demand for memory chips and traditional IT products.

3 months ago
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