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Samsung flags 10-fold rise in first-quarter profit

Samsung flags 10-fold rise in first-quarter profit
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Samsung flags 10-fold rise in first-quarter profit as chip prices recover, ET Telecom

That was up 931% from 640 billion won a year earlier, the South Korean firm said in a short preliminary earnings statement, and would be Samsung s highest operating profit since the third quarter of 2022.

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Samsung Electronics Forecasts 11% Revenue Increase in First-Quarter

Samsung Electronics Forecasts 11% Revenue Increase in First-Quarter
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Samsung reports 10-fold rise in Q1 2024 profit as chip prices recover

Samsung's chip division, is expected to report its first quarterly profit in five quarters, as memory chip prices bounce back from a deep trough

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Samsung forecasts 10-fold surge in Q1 operating profit

Samsung Electronics anticipates a remarkable surge in its first-quarter operating profit. According to Reuters, the company’s profit is expected to increase more than tenfold, surpassing market predictions.

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