Samsung posts weaker profit recovery as it misses out on AI boom
Samsung Electronics says its third-quarter profit jumped from a year earlier, but the pace of recovery weakened from the prior quarter as it struggles to cash in on the AI boom that has benefited chip rivals like TSMC and SK Hynix. The world's biggest maker of memory chips, smartphones and TVs posted on Oct. 31, 2024 an operating profit of 9.2 trillion won in the July to September period, compared with 2.4 trillion won a year earlier and 10.4 trillion won the previous quarter. The third-quarter result was slightly above Samsung's preliminary estimate of 9.1 trillion won flagged earlier this month, which was below market expectations at the time.
REUTERS VIDEO
Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe
Visit our website at https://www.manilatimes.net
Follow us:
Facebook - https://tmt.ph/facebook
Instagram - https://tmt.ph/instagram
Twitter - https://tmt.ph/twitter
DailyMotion - https://tmt.ph/dailymotion
Subscribe to our Digital Edition - https://tmt.ph/digital
Check out our Podcasts:
Spotify - https://tmt.ph/spotify
Apple Podcasts - https://tmt.ph/applepodcasts
Amazon Music - https://tmt.ph/amazonmusic
Deezer: https://tmt.ph/deezer
Tune In: https://tmt.ph/tunein
#TheManilaTimes
#tmtnews
#samsung
#artificialintelligence
Samsung Electronics says its third-quarter profit jumped from a year earlier, but the pace of recovery weakened from the prior quarter as it struggles to cash in on the AI boom that has benefited chip rivals like TSMC and SK Hynix. The world's biggest maker of memory chips, smartphones and TVs posted on Oct. 31, 2024 an operating profit of 9.2 trillion won in the July to September period, compared with 2.4 trillion won a year earlier and 10.4 trillion won the previous quarter. The third-quarter result was slightly above Samsung's preliminary estimate of 9.1 trillion won flagged earlier this month, which was below market expectations at the time.
REUTERS VIDEO
Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe
Visit our website at https://www.manilatimes.net
Follow us:
Facebook - https://tmt.ph/facebook
Instagram - https://tmt.ph/instagram
Twitter - https://tmt.ph/twitter
DailyMotion - https://tmt.ph/dailymotion
Subscribe to our Digital Edition - https://tmt.ph/digital
Check out our Podcasts:
Spotify - https://tmt.ph/spotify
Apple Podcasts - https://tmt.ph/applepodcasts
Amazon Music - https://tmt.ph/amazonmusic
Deezer: https://tmt.ph/deezer
Tune In: https://tmt.ph/tunein
#TheManilaTimes
#tmtnews
#samsung
#artificialintelligence
Category
🗞
NewsTranscript
00:00There's the next day.
00:12I will try to catch a guy who take His mother to the sea.
00:15I'm going to try to catch a guy who takes his mother to the sea.
00:20I will try to catch a guy who takes his mother to the sea.
00:24So
00:54So
01:24So
01:54So
02:24So
02:34So
02:44So
02:54So
03:04So
03:34So
03:44So
03:54So
04:04So
04:14So