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SEOUL: Samsung Electronics said on Tuesday that its first-quarter (Q1) operating profits had risen nearly tenfold year on year amid recovering chip prices and growing demand, notably for generative artificial intelligence (AI).

Samsung Electronics said Tuesday that its first-quarter operating profits had risen nearly tenfold year-on-year -- a 931.8 percent increase -- amid recovering chip prices and growing demand. The firm is the flagship subsidiary of South Korean giant Samsung Group, by far the largest of...

Samsung Electronics on Tuesday said operating profit for the first quarter jumped as memory chip prices rebounded on the back of AI optimism.

Samsung Electronics said Tuesday that its first-quarter operating profits had risen nearly tenfold year-on-year -- a 931.8 percent increase -- amid recovering chip prices and growing demand.

Samsung Electronics Co Ltd (SMSN.L, SSNNF.OB, SSNLF.OB) reported that its first quarter net income attributable to shareholders of parent company climbed to 6.62 trillion Korean won from 1.

Quarterly revenue of KRW 71.92 trillion, operating profit at KRW 6.61 trillion Global IT demand and business environment expected to improve in H2 based on demand...

Discover how Samsung achieved exceptional growth in Q1 2024, driven by strong chip sales and flagship smartphone performance.

Samsung Electronics said Tuesday that its first-quarter operating profits had risen nearly tenfold year-on-year -- a 931.8 percent increase -- amid recovering chip prices and growing demand.

Right now older Americans are opening up their wallets and providing a continued boost to the US economy.

Samsung Electronics on Tuesday said operating profit for the first quarter jumped as memory chip prices rebounded on the back of AI optimism.