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Samsung's operating profit increase 15-fold to 10.4 trillion won ($7.5 billion) in last quarter
Samsung Electronics reported a 15-fold increase in second-quarter operating profit to 10.4 trillion won, thanks to strong memory chip demand driven by AI adoption. Consolidated revenues rose 23% to 74 trillion won. The company cited favorable market conditions and increased AI investments by cloud service providers as key growth factors, anticipating continued market share gains for AI servers.
Samsung Electronics reported a 15-fold increase in second-quarter operating profit to 10.4 trillion won, thanks to strong memory chip demand driven by AI adoption. Consolidated revenues rose 23% to 74 trillion won. The company cited favorable market conditions and increased AI investments by cloud service providers as key growth factors, anticipating continued market share gains for AI servers. 
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