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Samsung Reaches New Profit Record With Memory Chip Windfall

Source: Bloomberg

Corporate EarningsCompany FundamentalsAnalyst InsightsArtificial Intelligence

Samsung reported record operating profit of about 107.4 trillion won, driven by demand for high-bandwidth memory. CLSA Korea Research Head Sanjeev Rana said the results were broadly in line with expectations and that he remains bullish on the memory cycle.

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