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Samsung Profits Increase After Riding AI Demand on Chips

Samsung is the latest company to profit from AI demand, as its profits have increased more than fourfold compared to a year earlier. ....

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Samsung's Profits Drop by 95% Amid Ongoing Chip Demand Slump

Samsung Electronics recently reported a significant 95% decline in operating profits in the last quarter. This decline was attributed to an oversupply of memory chips, causing a sharp drop in prices despite production cuts. Despite the challenging situation, Samsung managed to surpass analysts earnings projections. ....

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Samsung says second-quarter operating profit fell 95pc

SEOUL, July 27 Samsung Electronics today reported a more than 95 per cent plunge in operating profits in the second quarter owing to weak demand for memory chips. The firm is. ....

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Apple, Samsung remain most profitable brands; capture 96% of global smartphone operating profits

Apple and Samsung remain the most profitable brands, together capturing 96 percent of global smartphone operating profits, a report showed on Friday. ....

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Samsung expects first quarter profit to plunge 95pc

SEOUL, April 7 Samsung Electronics said today it expected first-quarter operating profits to plunge more than 95 per cent on-year to a 14-year low, as memory chip sales were. ....

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