A worker waters a flower bed next to the logo of Samsung Electronics during a media tour at Samsung Electronics' headquarters in Suwon, South Korea, June 13, 2023.
REUTERS/Kim Hong-Ji/File Photo Acquire Licensing RightsSEOUL, Aug 16 (Reuters) - South Korea's Samsung Electronics (005930.KS) has reduced its stake in semiconductor manufacturing equipment maker ASML (ASML.AS) by more than a half, its recent filings showed.
Samsung held 2.75 million shares in the Dutch company as of end-June, the South Korean tech giant said in its semi-annual report, down from 6.3 million shares in its first quarter report.
The stake that Samsung sold is worth around 2.1 billion euros ($2.29 billion) based on the latest share prices.
A Samsung Elec spokesperson confirmed the stake sale but did not elaborate.
Persons:
Kim Hong, Heekyong Yang, Jason Neely
Organizations:
Samsung Electronics, REUTERS, Rights, Samsung, South, Thomson
Locations:
Suwon, South Korea, Rights SEOUL