Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

The Independent

The Independent

Summary

88:88
South Korean tech giant reports $4.85bn profit during the first three months of 2024.
Aljazeera
88:88
Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer memory chips
The Independent
88:88
Samsung's consolidated operating profit amounted to 6.61 trillion won (4.8 billion U.S. dollars) in the January-March quarter, more than 10 folds larger than 640.2 billion won (464.8 million dollars) in the same quarter of last year.
XinhuaNet
88:88
The South Korean company's memory chip sales nearly doubled in the first quarter from a year earlier as prices rose steeply from a severe downturn, thanks to the boom in AI.
CNA

■ Story #2502 ▪

issue 88:88 ▪

28 items ▪

11 sources ▪

updated 88:88

Posts

Frontpage