Thursday, 4 April, 2024

Samsung Poised for Largest Profit in Six Quarters Amid Chip Price Surge

Samsung forecasts its largest profit in six quarters, buoyed by soaring chip prices. The semiconductor market's robust performance, coupled with strong demand for Samsung's chips, contributes to the company's positive outlook. This anticipated profit surge reflects Samsung's resilience and competitiveness in the semiconductor industry amid ongoing market dynamics and supply chain challenges.