SEOUL, Nov 8 (Bernama-Yonhap) -- Helped by the artificial intelligence-led (AI) chip supercycle, Samsung Electronics Co is poised to become the first South Korean company with cash assets of over 200 trillion won (US$146.6 billion), Yonhap News Agency reported Sunday, citing industry data.
Samsung Electronics To Be First South Korean Firm With Cash Assets Over 200 Trillion Won
Asia-Pacific, Samsung, AI, cash assets, chipmaking
BE Bernama 
Key takeaways
Samsung Electronics may become the first South Korean company with cash assets over 200 trillion won, reaching 214.8 trillion won in the third quarter.
- Samsung's cash assets reached 214.8 trillion won in the third quarter, up from 190 trillion won three months earlier.
- Its total assets reached 791.8 trillion won as of September, up 32.4 trillion won from three months earlier.
- Samsung plans to spend over 100 trillion won on chipmaking investments this year and expects the semiconductor supercycle to continue.
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