Samsung records the leaps of profit through rising chip prices and artificial intelligence

Samsung records the leaps of profit through rising chip prices and artificial intelligence

In the first quarter of 2024, the electronics giant Samsung was able to record a significant leap, thanks to increasing chip prices and the continued boom in the field of artificial intelligence. Compared to the previous year, the company's surplus rose by more than four times to 6.75 trillion (4.6 billion euros). Samsung announced that sales rose by 13 percent to 71.9 trillion WON (48.8 billion euros). The return of the chip division to the profit zone was particularly gratifying after she had had an operational loss last year. Samsung thus benefited from the current market trends and was able to further consolidate his position as a leading player in the electronics sector.