July 1, 2022

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Samsung Electronics a number one tech agency of South Korea, world’s twenty second in market capitalization!

Samsung Electronics is ranked the twenty second among the many high listed 100 corporations on the shares all over the world when it comes to market capitalization. Although the corporate has secured the twenty second rank out there cap among the many high 100. If we examine its rank from the earlier yr it has fallen to the seven ranks beneath.

This rank is ready by the PricewaterhouseCoopers (PWC) which has just lately launched an inventory of the world’s high 100 corporations in market capitalization. It has sourced all its report knowledge from the analysis and evaluation agency, Bloomberg.

Probably the most wonderful factor is that Samsung Electronics is the one and solely Korean firm to be included within the record of fortune 100. Its market cap stood at $342 Billion, which is down by 21 p.c from 2021 to $431 Billion.

Earlier Samsung Electronics was the highest 10 main corporations which have suffered a heavy drop within the one yr. Trying on the international situation Samsung may be very a lot involved concerning the international inflation in uncooked supplies and the product pricing.

Let me let you know Apple has taken the highest spot out there capitalization with $2.85 trillion. Which is adopted by Microsoft within the second place, and Saudi Aramco within the third place.

The opposite corporations like Alphabet got here in fourth place. This time Amazon was noticed within the fifth place, and Tesla, Berkshire Hathway, and Nvidia need to fulfill with sixth, seventh, and eighth positions respectively.

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