Samsung says third quarter operating profits soar to US$6.6 billion, but misses forecast

Samsung says third quarter operating profits soar to US.6 billion, but misses forecast

South Korea’s Samsung Electronics said Thursday that its operating profits soared 277 per cent year on year to US$6.6 billion, but missed expectations as it struggled to leverage demand for chips used in artificial intelligence servers. The world’s largest memory chipmaker posted an operating profit of 9.18 trillion won (US$6.6 billion) “largely due to one-off … Read more