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Samsung Eclipsed Its Previous Quarter Profit By Posting A 15-Fold Increase For Its Q2 2024 Earnings, Driven By AI Demand And Contributions From Mobile

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Samsung Q2 2024 financial results

The 933 operating profit increase posted by Samsung in Q1 2024 was nothing compared to the success the Korean giant garnered in its latest Q2 2024 quarter, as the company posted a 15-fold increase in net earnings, with various business segments displaying incredible growth during this period. Here, we take a look at which areas Samsung has improved upon and where it is expected to be cautious. Semiconductor prices rebounded thanks to the AI boom, causing Samsung to post impressive results On Samsung’s newsroom page, the following information is stated concerning the overall revenue and operating profit generated during the […]

Read full article at https://wccftech.com/samsung-q2-2024-financial-results-a-15-times-increase-in-operating-profit/

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