Samsung said on Tuesday that it expects the demand for chips and tech devices to remain strong throughout the year, driven by AI.The company reported an operating profit of 6.61 trillion won for the first quarter, a tenfold surge from a year earlier as its chip division returned to profitability after a severe downturn last year. Revenue also jumped 12.8% to 71.92 trillion won in the quarter, backed by strong sales of Galaxy S24 smartphones and increased prices of memory chips, Samsung...
Samsung Electronics said on Tuesday that its operating profit surged more than 930% in the first quarter of 2024, driven by soaring demand for its servers, memory chips and storage used in AI applications. The company, which struggled in 2023 as the macroeconomic slowdown hurt demand for its products, said its memory chip business returned to […] © 2024 TechCrunch. All rights reserved. For personal use only.
Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of AI technologies drives a rebound in
SEOUL, South Korea (AP) — Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound
SEOUL, South Korea (AP) — Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer memory chips. The South Korean semiconductor and smartphone giant said its operating profit for the Jan-March quarter came in at
Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer memory chips
Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets
SEOUL, South Korea (AP) — Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer memory chips. The South Korean semiconductor and smartphone giant said its operating profit for the Jan-March quarter came in at
Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer memory chips. The South Korean semiconductor and smartphone giant said its operating profit for the Jan-March quarter came in at 6.6 trillion won ($4.8 billion), up from the 640 billion won ($465 million) it earned during the same period last year. Revenue rose by nearly 13% to 71.9 trillion won...
Alphabet and Microsoft ignited a rally in technology stocks on Friday with earnings that showed big AI investments were driving growth, allaying doubts that their costly bets would take time to pay off after a soft forecast from Meta Platforms. Alphabet rose 10%, crossing $2 trillion in market value with a gain of about $180 billion as it sweetened the pot for investors with its maiden dividend and a $70 billion stock buyback. The world's fourth most valuable firm flirted with the milestone on...
An iPhone ban in the South Korean military that has less to do with security and more to do with a poorly crafted mobile device management suite coupled with nationalism may be expanding to the rank-and-file. iPhone 15 Pro Max and iPhone 14 Pro Max The ban, in Samsung's backyard, has reportedly started in the country's Air Force headquarters. A report on Tuesday morning claims that the ban is on all devices capable of voice recording and do not allow third-party apps to lock this down --...
On this week's episode of The MacRumors Show, we discuss the latest AI consumer technology and Apple's rumored plans to bring major AI-focused hardware enhancements to the Mac later this year. Subscribe to The MacRumors Show YouTube channel for more videos We talk through the response to Humane's AI Pin and its widely acknowledged deficiencies, such as its limited utility, subpar camera performance, and steep price point. We also take a look at the Rabbit R1, another AI device that prompts...