💨 Abstract

Samsung Electronics estimated a 274% increase in its third-quarter operating profit, but fell short of analyst expectations due to challenges in capitalizing on AI server chip demand. The company, the world's largest memory chip, smartphone, and TV maker, projected an operating profit of 9.1 trillion won ($6.78 billion), lower than the LSEG SmartEstimate of 10.3 trillion won.

Courtesy: theprint.in