Linde PLC Expands Industrial Gas Supply to Samsung in South Korea

In a strategic move that underscores its commitment to supporting the semiconductor industry, Linde PLC has announced an expansion of its supply of ultra-high-purity industrial gases to Samsung’s semiconductor manufacturing complex in Pyeongtaek, South Korea. This development, reported by multiple financial news outlets on April 29, 2025, highlights Linde’s role as a key supplier in the global industrial gases market.

Linde, a leading global industrial gases and engineering company, is set to increase its supply of atmospheric, process, and specialty gases. This expansion is pivotal for Samsung, as these gases are crucial for the production of semiconductors, which are integral to a wide range of electronic devices.

Financial Highlights and Strategic Dividend Declaration

In addition to its supply expansion, Linde has also declared a quarterly dividend of $1.50 per share for the second quarter of 2025, as announced on April 28, 2025. This dividend declaration reflects Linde’s strong financial position and its commitment to returning value to shareholders. The dividend is payable on June 18, 2025, to shareholders of record on June 4, 2025.

Market Position and Financial Health

Linde PLC, with a market capitalization of approximately $212.59 billion, operates primarily in the materials sector and is listed on the New York Stock Exchange. As of April 27, 2025, the company’s share price stood at $394, with a price-to-earnings ratio of 33.01. The company’s financial health is further evidenced by its 52-week high of $450.8 and a low of $347.4.

Forward-Looking Perspective

Linde’s expansion into Samsung’s semiconductor operations in South Korea is a testament to its strategic foresight and its ability to capitalize on the growing demand for industrial gases in the tech sector. This move not only strengthens Linde’s position in the global market but also aligns with the broader industry trend towards the production of clean hydrogen and carbon capture systems, essential for energy transition.

As Linde continues to navigate the complexities of the global market, its focus on innovation and strategic partnerships positions it well for sustained growth and success in the coming years.