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Samsung posts record profit in Q3 on AI chip boom
- Samsung Electronics reported third-quarter net profit of 75.13 trillion won, up 514.6% from a year earlier.
- Its operating profit rose 783.1% to 107.44 trillion won, while revenue increased 126.9% to 195.25 trillion won.
- Samsung Electronics said strong demand for artificial-intelligence chips drove its results, though investors remained concerned about future AI spending.
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27 Articles
27 Articles
Zeit OnlineReposted by 
saarbruecker-zeitung.de
saarbruecker-zeitung.de·Germany
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South Korea's largest company Samsung Electronics has increased its operating profit by nine times, but investors are still disappointed.
BT+2 Reposted by 2 other sources
Samsung Electronics delivers an operating profit of more than 100 trillion won for the first time in a quarter.
·Borås, Sweden
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The South Korean giant saw its net profit jump by 514.6% in the third quarter over a year, supported by the strong demand for semiconductors for artificial intelligence.
·Paris, France
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(Seoul = Yonhap News) Reporter Oh Ji-eun = Samsung SDS tentatively reported a consolidated operating profit of 241 billion won for the third quarter of this year, up 3.7% from the same period last year...
·Seoul, Korea (the Republic of)
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Total News Sources27
Leaning Left3Leaning Right7Center5Last UpdatedBias Distribution47% Right
Bias Distribution
- 47% of the sources lean Right
47% Right
L 20%
C 33%
R 47%
Factuality
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