Samsung says Q3 operating profits soar to $6.6 bn, but misses forecast
- Posted on October 31, 2024
- By Business News Today
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Samsung says Q3 operating profits soar to $6.6 bn, but misses forecast
Samsung Electronics reported a 277% increase in operating profits to $6.6 billion, but still fell short of expectations due to challenges in leveraging AI chip demand and the strong Korean won. The semiconductor division saw a sharp 40% decline in profit.