Samsung Electronics total assets topped 300 tln won… grown 3-fold in 10 years

Share it with your friends Like

Thanks! Share it with your friends!


The total assets of Samsung Electronics surpassed the 300 trillion won mark, or 270 billion U.S. dollars,… as of the end of last year,… thanks to a rise in investments and business growth.
Industry experts say it’s Samsung’s first time breaking the threshold since the tech giant’s establishment in 1969,… and represents a roughly 15 percent rise compared to the end of 2016.
The company’s assets have grown three-fold over the past decade.
On a slightly different note,… Samsung Group Chairman Lee Kun-hee is under suspicion of avoiding over seven-and-a-half million dollars in taxes by hiding funds in “borrowed-name” accounts under other executives’ names.


Write a comment