Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Samsung profit triples to record high as AI boom exacerbates chip shortage

Samsung profit triples to record high as AI boom exacerbates chip shortage

101 finance101 finance2026/01/28 22:51
By:101 finance

SEOUL, Jan 29 (Reuters) - Samsung ​Electronics said ‌its operating profit ‌more than tripled to a record ⁠high ‌of 20 trillion won ($13.98 ‍billion) in the fourth quarter, ​as the ‌race to build artificial intelligence exacerbated a chip ⁠shortage and ​sent ​prices surging.

($1 = 1,430.3000 won)

(Reporting by ‍Hyunjoo ⁠Jin, Heekyong Yang and ⁠Joyce Lee; Editing ‌by Jamie ‌Freed)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!