Current location:world >>
Samsung reports 10
world39People 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.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“International Iterations news portal”。http://www.videocameralive.com/html-35b399655.html
Related articles
Why US Catholics are planning pilgrimages in communities across the nation
worldA long-planned series of Catholic pilgrimages has begun across the United States this weekend, with ...
【world】
Read moreFrom the fabulous 'Elvis Dress' to the velvet gown she wore dancing with Travolta
worldWHEN the first dress that Jacques Azagury designed for Princess Diana broke records late last year a ...
【world】
Read moreBorn on this day
worldHe is known as the dashing society photographer who became Princess Margaret’s husband. Born on this ...
【world】
Read more
Popular articles
- 'Constantly learning' Imanaga off to impressive start with the Chicago Cubs
- Why is bitcoin halving
- Princess Beatrice and Edoardo Mapelli Mozzi are all smiles as they join his mother
- Move over Fashion Royalty, REAL Royalty has been on view at the catwalk shows
- Pentagon vows to keep weapons moving to Ukraine as Kyiv faces a renewed assault by Russia
- Doctor reveals shocking theory behind why you suddenly need to use the toilet during shopping trips
Latest articles
'Constantly learning' Imanaga off to impressive start with the Chicago Cubs
Kings and royal princes were the rock stars of their day
Former footballer Joe Thompson, 35, is diagnosed with cancer for the third time
JAN MOIR: Why JK Rowling SHOULDN'T forgive the weaselly band
Siblings trying to make US water polo teams for Paris Olympics
New US inflation data 'along the lines' of what Fed wants, Powell says
LINKS
- Fury over 'rip
- Lyrid Meteor Shower peaks tonight with up to 18 shooting stars overhead every hour
- Massive flooding hits China's Guangdong
- Feature: 69 years on, the Bandung Spirit remains alive in the Global South
- Social media users left puzzled as Channel 4 reveals Clare Balding will co
- Minnesota and other Democratic
- Horrifying moment car rams into ultra
- 19th Western Pacific Naval Symposium set to take place in E China
- David Beckham gushes over his wife Victoria's age
- Lawmakers criticize CIA's handling of sexual misconduct but offer few specifics