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 the family-controlled conglomerates that dominate business…
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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 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 expects 10-fold rise in Q1 profit jordantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jordantimes.com Daily Mail and Mail on Sunday newspapers.
SEOUL — Samsung Electronics said recently it expects first-quarter operating profits to rise more than 10-fold year on year as chip prices recover.The firm is the flagship subsidiary of South Korean giant Samsung Group, by far the largest of the family-controlled conglomerates that dominate business in Asia's fourth-largest economy.
January-March operating profits were expected to rise 931.3 % to 6.6 trillion won ($4.89 billion) while operating profits in the same period last year totalled around 640 billion won
Samsung expects 10-fold rise in first quarter profit hurriyetdailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hurriyetdailynews.com Daily Mail and Mail on Sunday newspapers.