Samsung’s operating profit surged nearly ninefold to a record 107.4 trillion won as its semiconductor division benefited from AI demand, but the company expects the memory chip supply crunch to...
Samsung Electronics reported one of the strongest quarterly performances in its history, with third-quarter operating profit jumping nearly ninefold from a year earlier to 107.4 trillion won....
The semiconductor division generated 106.5 trillion won (US$79.9 billion) in operating profit.
Samsung Electronics reported third-quarter earnings on Thursday.
Samsung Electronics Co.’s semiconductor division’s 15-fold surge in profit just missed estimates, tempering resurgent enthusiasm for bets on the artificial intelligence infrastructure build-out.
The firm reports an operating profit of 107.4 trillion won for the July-to-September period Read more at The Business Times.
Revenue for the July-September period rose to an all-time high at 195.3 trillion won (USD 146 billion), marking the company's fourth straight quarter of record profit and revenue.
SEOUL -- Samsung Electronics reported tech's biggest-ever quarterly profit on Thursday, but its stock still fell sharply as shareholders were left disappointed with their benefits from an AI boom...
Third-quarter profits for world’s largest memory-chip maker fall just short of analyst estimates
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