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Samsung Electronics Took 16th Spot in Global Market Cap Ranking
Market Cap Ranking
Samsung Electronics Took 16th Spot in Global Market Cap Ranking
  • By Jung Suk-yee
  • March 8, 2017, 03:00
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Samsung Electronics ranked 16th in the world in terms of market capitalization by climbing no less than 23 notches from a year ago.
Samsung Electronics ranked 16th in the world in terms of market capitalization by climbing no less than 23 notches from a year ago.

 

It has been found that Samsung Electronics ranked 16th in the world in terms of market capitalization by climbing no less than 23 notches from a year ago. Meanwhile, SK Hynix and Hyundai Motor Company, the second- and third-largest in South Korea, ranked 440th and 496th, respectively.

The Korea Exchange announced on March 7 that Samsung Electronics’ market cap as of March 3 this year totaled US$241 billion. The value had been US$146.2 billion one year ago.
 
Samsung Electronics ranked sixth in terms of increment. During the same period, the market cap of Facebook increased by US$84.5 billion, Alphabet by US$83.9 billion, Microsoft by US$82.4 billion and Alibaba by US$82 billion.

Apple came in first in market cap with an increase in aggregate market value of US$170.6 billion. The amount of increase was US$133.6 billion for Amazon, US$115.6 billion for Bank of America, US$111.4 billion for JPMorgan Chase and US$95.1 billion for Berkshire Hathaway.