SEOUL -- Samsung Electronics said Friday that its operating profit probably soared by more than 10 times in the first quarter from a year earlier, amid expectations that its semiconductor unit may turn a profit for the first time in more than a year and as smartphone sales improve.
Semiconductors
Samsung flags Q1 tenfold operating profit surge amid memory bounce
Analysts say picture improving for HBM chips critical for AI computing
Analysts say Samsung is bouncing back from a long slump in the chip sector, thanks to improvements in high-bandwidth memory (HBM) chips critical to artificial intelligence. © Reuters
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