SEOUL -- Samsung Electronics on Thursday announced its operating profit is set to have jumped 50.3% in the first quarter from a year earlier, with analysts saying that the world's biggest memory chipmaker benefited from milder memory price declines and a weak local currency.
Technology
Samsung sees Q1 profit up 50% on memory chip prices, weak won
But South Korean tech giant's stock performance indicates risks remain
Samsung Electronics appears to be shrugging off the economic repercussions of Russia's war on Ukraine. © Reuters
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