Browsing Tag
Samsung Device Solutions
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Samsung profit surges 783% to KRW107.4tn as AI memory boom exposes smartphone weakness
Samsung Electronics reported record quarterly revenue of KRW195.3 trillion and operating profit of KRW107.4 trillion as artificial intelligence demand transformed semiconductor profitability. However, losses in its consumer device businesses and a planned KRW84.4 trillion capital expenditure programme raise questions about the sustainability of the earnings boom.