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Published

Samsung posts weaker profit recovery as it misses out on AI boom

  • Samsung Electronics reported a 277% increase in operating profit for July-September, totaling 9.18 trillion won .
  • The profit showed a 12% decline from the previous quarter, attributed to one-off costs and a weaker U.S. Dollar.
  • Samsung is reportedly nearing a supply deal with Nvidia for AI-focused chips, amid competition in the high bandwidth memory chip market.
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  • 62% of the sources are Center
62% Center
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