SEOUL (Reuters) -Samsung Electronics estimated on Friday a more than 15-fold rise in its second-quarter operating profit, as rebounding semiconductor...

Seoul: Samsung Electronics Co. on Friday estimated its second-quarter operating profit shot up more than 15-fold, as a prolonged boom in artificial...

Samsung Electronics said Friday it expects second-quarter operating profits to rise more than 15-fold on-year as chip prices bounce back and demand...

Samsung Electronics anticipates a 15-fold increase in profits for the three months ending June 2024 compared to the same period last year. The surge...

Despite an impressive performance in Q1 2024, Samsung is riding the wave of success into the second quarter. Like with Q1 2023, when operating profits...

The South Korean tech giant is benefiting from the AI boom which has lifted the prices of advanced chips.

The world’s largest maker of memory chips and smartphones posted a 15-fold surge in operating profit to 10.4 trillion won (R137.15 billion) in the...

The United States government introduced the CHIPS Act several years ago in an effort to develop the semiconductor chip industry in the country to meet...

The results underscore how the US$160 billion memory market is bouncing back from a severe post-COVID-19 downturn

By Zachary Abuza Diversifying supply chains away from China is a boon for Southeast Asia and a priority for the U.S. government. But it can create...