Get all your news in one place.
100's of premium titles.
One app.
Start reading
Euronews
Euronews
Doloresz Katanich

Samsung profit jumps 1,814% as South Korean tech giants benefit from global AI boom

South Korean technology giant Samsung Electronics on Thursday reported a record operating profit of ₩89.5 trillion (€54 billion) for the April-to-June period, up 56% quarter on quarter and more than 19 times the level recorded a year earlier.

Based on Samsung’s published rounded figures, the semiconductor business’s operating profit rose to ₩89.2 trillion (€53.8 billion), 223 times its year-earlier level of ₩0.4 trillion (€241 million).

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.