Current location:Worldly Whispers news portal > entertainment
Samsung reports 10
Worldly Whispers news portal2024-04-30 20:29:10【entertainment】0People have gathered around
IntroductionSEOUL, South Korea (AP) — Samsung Electronics on Tuesday reported a 10-fold increase in operating pr
SEOUL, South Korea (AP) — Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer memory chips.
The South Korean semiconductor and smartphone giant said its operating profit for the Jan-March quarter came in at 6.6 trillion won ($4.8 billion), up from the 640 billion won ($465 million) it earned during the same period last year.
Revenue rose by nearly 13% to 71.9 trillion won ($52 billion), driven by higher prices for memory chips and robust sales of its flagship Galaxy S24 smartphones, the company said.
The company earned 1.91 trillion won ($1.38 billion) in operating profit from its semiconductor business, marking the division’s first quarterly profit since the fourth quarter of 2022, as the chip market continues to recover from a cyclical slump deepened by the COVID-19 pandemic and global trade tensions.
Address of this article:http://madagascar.mybodyonelife.com/content-13a799202.html
Very good!(167)
Related articles
- Sue Bird says joining ownership group of the Seattle Storm felt inevitable
- Texas, Arizona migrant laws for border are dealt setbacks
- Agency eyes more Luban Workshops
- Chinese whole
- 2 hikers drown after falling into creek on Tennessee trail
- Chinese whole
- Patrols near Kinmen 'beyond reproach'
- France guarantees right of abortion
- China home to 369 unicorn enterprises: report
- Feature: Chinese
Popular articles
Recommended
China issues action plan on promoting digital commerce
CPPCC hosts science lecture on general AI
CPC leadership discusses draft government work report
Russia summons German diplomat over leaked tape
Warning signs of a mini
China sends representative to continue searching for Ukraine crisis settlement
First volume of 'Xi Jinping: The Governance of China' published in Bulgarian
CPC leadership discusses draft government work report
Links
- Boom in travel to 'ice city' Harbin spurs sales of cranberry products
- ByteDance's platform takes on U.S. e
- ByteDance's platform takes on U.S. e
- China's fighter jet J
- Xi Stresses Advancing New Industrialization in Pursuit of Chinese Modernization
- Xi Sends Congratulatory Letter to Cross
- China calls for better coordination to stabilize shipping in Red Sea
- Xi Meets Kuwaiti Crown Prince, Pledging to Take Bilateral Ties to New Heights
- Xi, Assad Jointly Announce China
- Australian scientists make breakthrough in developing unhackable quantum internet