Samsung Electronics shares gain on Apple chip deal
Seoul [South Korea], August 7 (ANI): Shares of Samsung Electronics rose sharply in early trading Thursday following reports that the tech giant will manufacture Apple’s next-generation chips at its US-based foundry plant, as per Pulse Korea.
As of 9:15am, Samsung was trading at 70,000 won (USD 50.45) on the Korea Exchange, up 1.74 per cent from the previous session, reclaiming the symbolic “70,000 club” status.
