
Samsung Electronics has cut its stake in ASML Holding NV by more than 50% according to its recent filings.
In its semi-annual report said, Samsung had 2.75 million shares in ASML as of the end of June, which shows a 50% percentage decrease in its shares from 6.3 million shares in the first quarter.
According to TechCentral, the stake that Samsung sold is worth around €2.1-billion based on the latest share prices.
A Samsung Electronics spokesman confirmed the stake sale but did not elaborate.