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Samsung makes strong comeback with 931% increase in Q1 earnings

While Samsung did not disclose detailed performance by business unit, industry experts estimate that the semiconductor business generated an operating profit of over 1.2 trillion won, marking a turnaround after five consecutive quarters of losses. This is attributed to the reduction in memory semiconductor production and the stronger-than-expected rise in chip prices.
Kangwon Do South Korea Baek Byung Yeul Kyung Kye Hyun Gyeonggi Province Courtesy Of Samsung Electronics Samsung Electronics

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