Equity Research Report: Samsung Electronics (005930.KS)

1. Investment Thesis Current Price: KRW 59,300 (as of October 11, 2024) Market: KOSPI Rating: Neutral (previously Buy) Target Price: KRW 65,000 (revised down from KRW 75,000) Key Risks: Memory semiconductor market oversupply, delays in HBM business, underperformance in the foundry segment, and rising competition from SK Hynix and TSMC. We maintain a Neutral rating […]