Samsung Sells Down Entire ASML Stake to Expand in New Arenas
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Samsung Electronics Co. sold its entire remaining stake in ASML Holding NV in the December quarter as part of its push to expand into new areas of chipmaking.
The world’s largest memory maker sold about 1.58 million shares, or 0.4%, of ASML, according to its most recent quarterly financial report filed to regulators. The stake was valued at around 1.26 trillion won ($930 million) as of the end of September, an earlier company filing showed.