According to a recent report by London-based accounting firm PWC, Samsung Electronics has the world’s 22nd-largest market cap, topping a market value of $342 billion by the end of March 2022.
The data shows that Samsung Electronics dropped a few places from last year and lost 21% market cap from March 2021 to March 2022. Even so, the Korean tech giant was among the top 20th risers.
However, by market capitalization, Samsung Electronics ranked 22nd (down from 15th place in 2021). Samsung was followed by companies including Mastercard, Tencent, Visa, TSMC, Meta Platforms, Nvidia, Tesla, Amazon, Alphabet, Microsoft, Apple, and a few others.
Apple led the global market in terms of capitalization with an estimated market value of a whopping $2.85 trillion. TSMC, which happens to be Samsung’s biggest rival in the semiconductor segment, was the 10th-largest company in terms of market cap, with an estimated value of $541 billion.
Per country, the United States had the highest market cap in March 2022 by a huge margin. The USA was followed by Mainland China, which lost 22% market cap year-on-year, as well as Saudi Arabia, Switzerland, France, the UK, Taiwan, India, Ireland, and South Korea.
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