💨 Abstract

Samsung Electronics, the world's largest memory chip maker, reported a 130% increase in fourth-quarter profit compared to a low base, but lower than earlier estimates due to slowing memory chip demand and additional costs for supplying high-end chips to Nvidia. The company's operating profit for the quarter was 6.5 trillion won ($4.49 billion), up from 2.82

Courtesy: theprint.in

Summarized by Einstein Beta 🤖