NewzSamsung Electronics projected a historic quarterly profit topping 100 trillion won, equivalent to approximately US$80 billion, marking a world first for any technology company. Announced on Thursday, the estimate represents a nearly nine-fold jump in third-quarter earnings.
The massive financial surge is primarily driven by booming global demand for artificial intelligence chips, which significantly boosted the company's memory sales. As the world's largest memory chip manufacturer, Samsung has heavily capitalized on the ongoing AI infrastructure boom.
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