ChipsReutersabout 3 hours ago
Samsung Q3 Profit Jumps Nine-Fold
3 min read
Samsung Electronics is expected to report a nearly nine-fold jump in third-quarter operating profit to 106.1 trillion won ($79.1 billion) driven by robust AI demand. Analysts cut forecasts by 8% since August, yet profits remain up from 12.17 trillion won a year earlier. Chip margins may stay flat at 76% as price growth slows.
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