Samsung forecasts 782% quarterly operating profit jump on AI memory demand
Read original source →france24.com
Samsung estimated Q3 operating profit at 107.4 trillion won ($80.1 billion), up 782.5% year-on-year, with revenue up 127% to 195 trillion won — the first time a South Korean company has topped 100 trillion won in quarterly operating profit. Analysts at Shinhan Securities expect stronger earnings next year as Samsung ramps HBM4 production.
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