Samsung expects memory business to turn profitable in Q1

Tech giant pins hopes on AI handsets to reclaim smartphone momentum

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Samsung Electronics is signaling a return to profitability in its semiconductor business. © Reuters

KIM JAEWON, Nikkei staff writer

SEOUL -- Samsung Electronics said on Wednesday that it expects its memory chip business will record a profit in the current first quarter, recovering from a long slump in the industry that has sapped earnings at the South Korean technology company.

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