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Samsung expects Q4 operating profit of $11.4B, up 52% YoY, on revenue of $63B, up ~24%, thanks to demand for memory chips and its contract chip-making business

Jiyoung Sohn / Wall Street Journal :

Wall Street Journal Jiyoung Sohn

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  • @business @business on x
    Samsung's quarterly profit climbed more than 50% after chip prices stabilized and sales of smartphones surged, reinforcing hopes the memory industry will emerge from its downturn this year. https://www.bloomberg.com/...