Get the latest tech news
Samsung’s Profit Rebounds With Chip Division Improvement
Samsung Electronics Co.’s profit surged in the first quarter of 2024, reflecting a turnaround in the company’s pivotal semiconductor division and robust sales of Galaxy S24 smartphones.
Samsung Electronics Co. ’s profit surged in the first quarter of 2024, reflecting a turnaround in the company’s pivotal semiconductor division and robust sales of Galaxy S24 smartphones. The world’s largest memory chipmaker on Friday reported preliminary operating profit of about 6.6 trillion won ($4.9 billion), compared with analyst estimates of 5.37 trillion won. The increase snapped a run of consecutive quarterly declines that began in the third quarter of 2022.
Or read this on Bloomberg
