💨 Abstract

Samsung Electronics is set to report a more than four-fold increase in Q3 profit due to stronger chip demand, but the pace of recovery is slowing as it lags behind in the AI chip market. The company's chip division is expected to see a 15% decline in profit from the previous quarter, and its mobile phone and network businesses have also seen a 20% drop in profit.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖