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The Korea Herald
The Korea Herald
AsiaPac · 1 hrs ago
Samsung Q2 profit hits record W89.4tr, beats estimates
Samsung Electronics said Tuesday its second-quarter operating profit surged to a record 89.4 trillion won ($61 billion), beating market expectations as booming demand for AI-related memory chips continued to power its earnings. The preliminary figure jumped 1,810.3 percent from a year earlier, the company said in a regulatory filing. Revenue rose 129.3 percent on-year to 171 trillion won. The operating profit also came in 6.2 percent above the market consensus of 84.16 trillion won compiled by Y
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