Samsung's First-Quarter Operating Profit Boosted

Samsung's First-Quarter Operating Profit Boosted

Business Today

Samsung Electronics revealed a remarkable surge of over tenfold in its first-quarter operating profit. The buoyancy in Samsung's financial performance was predominantly fuelled by the soaring demand for memory chips, a trend attributed to the burgeoning AI sector. Notably, the company witnessed a near doubling of its memory chip sales during the first quarter.

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