Samsung expects AI to drive sales of chips and smartphones in 2024
Samsung said on Tuesday that it expects demand for chips and tech devices to remain strong through the year, driven by artificial intelligence (AI).The company reported an operating profit of 6.61 trillion won for the first quarter,
Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets
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 compute
Samsung Profit Soars Tenfold As Chip Demand Rebounds Amid AI Boom
Samsung Electronics reports a staggering surge in earnings amid chip market recovery and strong demand for AI-enabled smartphones.
Samsung sees AI driving chip business in H2 after solid Q1 show
Samsung Electronics' memory business returns to profit in Q2 2024 driven by demand for AI-related products. Read more here
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.
Samsung’s Net Profit Quadruples as Chip Business Rebounds on AI Demand
The South Korean tech giant’s flagship semiconductor business swung to profit on higher memory-chip prices amid the artificial-intelligence boom.
Memory chips and smartphones help Samsung report strong first quarter earnings
Earlier this month, we told you that Samsung was about to report its largest quarterly profit in a year and a half. On Tuesday (in South Korea), the company reported a spectacular 932.8% jump in operating profit for the first quarter year-over-year.
Samsung’s Profit Surges After AI Boom Reverses Chip Losses
Samsung Electronics Co. topped analyst earnings estimates after its semiconductor division returned to profitability, as companies like Microsoft Corp. and Alphabet Inc. led a surge in spending on artificial intelligence services.
Samsung says AI to drive technology demand in second half
Samsung Electronics said on Tuesday it expected demand for artificial intelligence to hold strong in the second half, driving sales of memory chips and tech devices, as it reported a more than 10-fold rise in first-quarter operating profit.
Samsung says AI to drive technology demand in second half after strong Q1
Samsung Electronics forecast demand for artificial intelligence would hold strong and tighten supply of some high-end chips, ...
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Samsung sees memory biz return to profit, upbeat about foundry sales
Samsung Electronics has reported operating profits of KRW6.61 trillion (US$4.78 billion) on consolidated revenue of KRW71.92 ...
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Samsung’s foldable phone empire folds
Falling sales in China Samsung’s foldable phone sales have tanked in the face of competition from Chinese rivals. Once ...
Amazon Great Summer Sale May 2024: Best Deals on iPhone, Samsung, OnePlus, and Other Brand Smartphones
Amazon has announced the Great Summer sale for May 2024. During the sale, products from different categories will be ...
5 smartphones from Samsung, Vivo, OnePlus and others to launch in India in May 2024
Vivo to OnePlus, Motorola to Samsung, and Google, several smartphone brands are launching major smartphones in India in May 2024. (unsplash) As April bids farewell, smartphone enthusiasts gear up for ...
Live news: Samsung optimistic on artificial intelligence demand in second half of 2024
Samsung Electronics is optimistic about demand for artificial intelligence in the second half of 2024 as its semiconductor ...