Samsung Electronics Co., South Korea's leading tech giant, saw its market capitalization fall below the 200 trillion won (US$195.1 billion) mark for the first time in two years, data showed Wednesday, as its mainstay mobile unit continued to suffer amid the rise of Chinese rivals.
Samsung's market cap came to 198.34 trillion won on Sept. 2, falling below the 200 trillion won mark for the first time since Sept. 7, 2012. While it managed to return to 200.5 trillion won on Thursday, it slipped back to 198.9 trillion won on Friday.