Reported about 5 hours ago
Samsung Electronics has reported a 32.5% rise in operating profit for Q3, driven by increased demand for computer memory chips. The company achieved a record revenue of 86 trillion won ($60.4 billion), boosted by semiconductor and mobile phone sales. Anticipating further growth from AI-related demand, Samsung's semiconductor division reported a significant operating profit, bolstered by sales of high bandwidth memory chips essential for AI applications.
Source: YAHOO