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[THE INVESTOR] Samsung Electronics’ sister firms and suppliers Samsung Electro-Mechanics and Samsung SDI saw their shares increase 2.1 percent and 1.45 percent to 48,700 won(US$43.5) and 97,900 won, respectively, on Sept 13.
The increase of the share prices on the day came after Samsung Electronics announced that Samsung heir apparent Vice Chairman Lee Jae-yong had been appointed as a registered board member.
The shares of Samsung Electro-Mechanics and Samsung SDI had been sliding since Aug. 24 when the report on the faulty battery of the Galaxy Note 7 first surfaced.
The two firms suffered nearly a 20-percent drop in their stock prices from Aug. 24 to Sept. 12.
By Kim Young-won (wone0102@heraldcorp.com)
The increase of the share prices on the day came after Samsung Electronics announced that Samsung heir apparent Vice Chairman Lee Jae-yong had been appointed as a registered board member.
The shares of Samsung Electro-Mechanics and Samsung SDI had been sliding since Aug. 24 when the report on the faulty battery of the Galaxy Note 7 first surfaced.
The two firms suffered nearly a 20-percent drop in their stock prices from Aug. 24 to Sept. 12.
By Kim Young-won (wone0102@heraldcorp.com)
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