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Samsung Electronics Co., Ltd. · Technology
Samsung Electronics Co., Ltd. · Technology
Samsung Electronics Co., Ltd. engages in the consumer electronics, information technology and mobile communications, and device solutions businesses worldwide. It provides home appliances comprising of refrigerators, air dresser, washing machines, dryers, cooking appliances, dishwashers, vacuum cleaners, air conditioners, and air purifiers. The company also offers TVs, sound devices, smartphones, tablets, monitors, smart and LED signages, watches, and other accessories, as well as provides memory storage solutions. In addition, it provides medical equipment; software design, development, and supply; toll processing of semiconductors and display panels; general logistics agency, financing, marketing, consulting, and technology and cloud services; venture capital investment; enterprise automation solutions and connected services; installation and optimization services for network devices; and digital advertising platforms. The company serves retail, hospitality, finance, transportation, education, government, manufacturing, public safety, and healthcare industries. Samsung Electronics Co., Ltd. was founded in 1938 and is based in Suwon-si, South Korea.
Technology
Consumer Electronics
123,915
2001-08-06
1.21

Record profits mask a complex picture of shifting demand, emerging headwinds and an evolving competitive landscape. Samsung Electronics (KRX:005930) has just delivered one of the most remarkable quarterly earnings in corporate history, but the numbers alone tell only part of the story.

Samsung Electronics is set to deliver a record nearly $38 billion quarterly profit, driven by surging memory chip prices amid the AI boom.

Samsung forecast record quarterly profit as AI chip demand lifted prices. Revenue and profit beat market expectations in preliminary guidance.

The South Korean technology company forecast more than an eightfold jump in first-quarter operating profit driven by its flagship semiconductor business on robust chip demand fueled by artificial intelligence.

Samsung Electronics on Tuesday projected a record-high first-quarter operating profit from a year earlier, beating expectations as booming demand for artificial intelligence infrastructure caused supply bottlenecks and drove chip prices higher.

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Samsung Electronics Canada launched Samsung True North Tunes, an artist-first contest giving Canadian musicians an opportunity to share their music.
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