Samsung Electronics Anticipates a Whopping 1810% Year-over-Year Spike in Operating Profit for Q2
2 day ago / Read about 0 minute
Author:小编   

Samsung Electronics has unveiled its earnings forecast for the second quarter, indicating sales amounting to KRW 171.00 trillion. This represents a significant 129% increase year-over-year, outpacing the anticipated figure of KRW 169.23 trillion. Moreover, the operating profit soared to KRW 89.40 trillion, marking an astonishing 1810% rise year-over-year and surpassing the estimated KRW 84.2 trillion. This remarkable performance is largely attributed to a surge in demand for AI inference infrastructure, which has led to a scarcity of supply in the memory chip market and sustained price hikes across all types of memory products.