
Written by Philip D. HeatonApril 7, 2024
Samsung Electronics Forecasts Tenfold Profit Surge in Q1 2024
Business & Industry Article
Samsung Electronics anticipates a remarkable surge in profits for the first quarter of 2024, projecting a tenfold increase compared to the same period last year. The surge follows a recovery in chip prices and escalating demand for artificial intelligence (AI)-related products. As the world’s leading producer of memory chips, smartphones, and televisions, the South Korea-based