Seoul, April 7 (IANS) Samsung Electronics on Tuesday estimated its first-quarter operating profit to have surpassed 50 trillion won ($33.1 billion) for the first time, driven by strong demand for premium memory chips from the artificial intelligence (AI) industry.The South Korean tech giant projected an operating profit of 57.2 trillion won for the January-March period, surging from 6.61 trillion won a year earlier, according to earnings guidance released by Samsung Electronics.The operating pro…
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Seoul, Jan 8 (IANS) Samsung Electronics on Thursday reported a record-breaking operating profit for the fourth quarter, touching the 20 trillion-won ($13.8 billion) mark for the first time, driven by a supercycle in the chip industry.The fourth-quarter operating profit marked a more than 200 percent rise from a year earlier, the company said in a preliminary earnings report.If confirmed, it would mark the first time for the company’s quarterly earnings to reach the 20 trillion-won level, reports…