A woman walks past the Samsung Electronics logo at the Seocho building in Seoul on January 30, 2020.
Jung Yeon-je | AFP via Getty Images
Samsung Electronics will release its latest flagship Galaxy smartphones on Thursday, earlier than expected.
But that’s not why analysts are bullish on stocks. Unlike 7 or 8 years ago, Samsung’s market performance today is largely determined by its semiconductor unit, analysts say. And they like the way it looks in 2021
“Samsung shares are now more correlated with the prospects of its semiconductor business, which we expect to account for 61% of its operating profit, compared to the smartphone business, which is expected to represent only 24% of its operating profit this year. , “said Sanjaev Rana, an analyst at CLSA.