Samsung, LG, tremble because of Trump win – Checklist Mag

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Samsung, LG, tremble because of Trump win

Donald Trump’s astonishing triumph is making developing instability for Seoul-based hardware monsters Samsung and LG, on the grounds that his protectionist financial arrangement and antagonism for renewable vitality are relied upon to bargain a serious hit to the IT firms and their parts-production auxiliaries, industry insiders said Thursday.

Shares of Samsung Electronics and LG Electronics dropped Wednesday in the midst of their worries, after Trump was affirmed as the following U.S. president. Samsung Electronics shut down at 1.596 million won ($1,389), down 48,000 won, or 2.92 percent, from the earlier day. LG Electronics offers shut down at 45,700 won, down 4.29 percent.

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