Samsung's IT affiliates lose nearly 20tr won in market cap
JK Shin, president and head of Samsung's IT
Seoul - Yonhap
South Korea's largest conglomerate Samsung Group's IT affiliates lost nearly 20 trillion won (US$19.6 billion) from falls in their share prices since July, data showed Thursday, amid worries that the lagging performance of the group's mainstay unit, Samsung Electronics Co., may continue this year.
The combined market capitalization of Samsung Group's four listed IT firms totaled 214 trillion won as of Wednesday, down 8.4 percent from 233.7 trillion won registered on July 1, according to the data compiled by market researcher FnGuide. The four IT affiliates include Samsung Electronics, Samsung Electro-Mechanics Co., Samsung SDI Co. and Samsung Techwin Co.
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Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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