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$Samsung Electronics Co., Ltd. (SSNLF.US)$Samsung Electronic...

$Samsung Electronics Co., Ltd. (SSNLF.US)$Samsung Electronics stock price rose, with reports that the company increased the price of mobile memory chips.
On September 13th, Samsung Electronics' stock rose by 1.6% at one point. Earlier reports indicated that the company raised the prices of DRAM and NAND flash memory chips for major smart phone manufacturers by 10-20%, with major smart phone manufacturers including Xiaomi, Oppo, and Google. Samsung Electronics anticipates that demand in the memory chip market may exceed supply starting from the fourth quarter. Samsung's competitor, SK Hynix, also saw a 3.4% increase in early trading on Wednesday.
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