BUSINESSQUARTZ
Samsung Electronics posted a record profit on AI chip demand — but its mobile business swung to a loss
Samsung Electronics achieved a record profit driven by AI chip demand, particularly in the memory chip division which hit all-time highs due to AI server demand. However, its mobile business incurred a loss attributed to elevated component costs.
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Adjacent reporting
- Samsung reports record profit as South Korean chip giants benefit from global AI boom
- AI chip boom lifts Samsung profits by 1,800%
- Samsung reports record profit as South Korean chip giants benefit from global AI boom
- Samsung reports record profit as South Korean chip giants benefit from global AI boom
- Samsung reports record profit as South Korean chip giants benefit from global AI boom
- Samsung reports record profit as South Korean chip giants benefit from global AI boom