Current location:International Infusion news portal > opinions
Samsung reports 10
International Infusion news portal2024-05-21 09:05:27【opinions】2People have gathered around
IntroductionSEOUL, South Korea (AP) — Samsung Electronics on Tuesday reported a 10-fold increase in operating pr
SEOUL, South Korea (AP) — 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 South Korean semiconductor and smartphone giant said its operating profit for the Jan-March quarter came in at 6.6 trillion won ($4.8 billion), up from the 640 billion won ($465 million) it earned during the same period last year.
Revenue rose by nearly 13% to 71.9 trillion won ($52 billion), driven by higher prices for memory chips and robust sales of its flagship Galaxy S24 smartphones, the company said.
The company earned 1.91 trillion won ($1.38 billion) in operating profit from its semiconductor business, marking the division’s first quarterly profit since the fourth quarter of 2022, as the chip market continues to recover from a cyclical slump deepened by the COVID-19 pandemic and global trade tensions.
Address of this article:http://southafrica.afischerphasedrives.com/html-68e699299.html
Very good!(7749)
Related articles
- Celebrity birthdays for the week of May 26
- Genius iPhone hack will save you so much time when traveling
- Real Madrid adapts to Champions League needs: Shock and awe one week, armadillo defense the next
- Ethnic army intercepts junta offensive on Thai
- Fresh heartache for cancer
- Prominent Baptist pastor in military
- Powerful 6.3
- Powerful 6.3
- Strictly star Giovanni Pernice's former partner Rose Ayling
- UK's Prince William returns to public duties for first time since Kate's cancer diagnosis
Popular articles
Recommended
Shooting injures 2 at Missouri high school graduation ceremony
Tunisian journalist sentenced to 6 months in prison for insulting an official
PSG star Tabitha Chawinga of Malawi overcomes obstacles en route to Champions League success
2 people smugglers sentenced to 9 years each in Spain for drowning deaths of migrants
I was 'brokefished' by my friend for £400
Daniele De Rossi's contract at Roma is extended just 3 months after replacing Jose Mourinho
Moment Home Office cops kick down door in dawn raid to smash 'sophisticated' people
KENNEDY: We all know why blubbery bistro blowhard Keith McPiggy branded perpetual trout
Links
- China's UN envoy hailed as he leaves office
- Truce remains elusive in Gaza as talks fall flat
- Washington draws flak for sending wrong signal
- Calls for implementing Gaza resolution grow
- Indonesia's president
- Moscow tells Kyiv to extradite security chief
- China to do utmost to restore peace in Gaza: FM spokesperson
- China intensifies efforts for cease
- U.S. experiencing 'full
- Beijing slams Washington for spreading false info