Nomura: Samsung Electronics remains attractively valued relative to its peers

```htmlGolden Ten Data reported on July 8 that Nomura Securities analysts Eon Hwang and YJ Kim stated that, considering Samsung Electronics' scale of profits, its stock price remains undervalued compared to industry peers. The analysts estimated that, assuming Samsung made a special bonus provision of approximately 20 trillion KRW for the first half of the year, its operating profit for the second quarter should have reached around 11 trillion KRW. They pointed out that Samsung Electronics forecasted an operating profit of approximately 8.9 trillion KRW in its preliminary financial report, higher than Nomura’s estimate of 7.6 trillion KRW. Nomura expects that, driven by strong demand and tight supply, DRAM and NAND memory chip prices will rise by 15%-20% in the third quarter compared to the previous quarter.```