Get the latest tech news
Samsung profits jump by more than 900% on chips
It comes as chip prices recover from a post-pandemic slump, while demand for AI-related products booms.
It comes as prices of chips have recovered from a post-pandemic slump and demand for artificial intelligence (AI) related products booms. The technology giant estimated that its operating profit rose to 6.6 trillion won ($4.9bn; £3.9bn) in the January-March quarter, 931% higher than the same period in 2023. Its earnings are expected to be boosted by a rebound in semiconductor prices on the global market after a severe downturn a year earlier.
Or read this on BBC News
