Samsung posts record profit as AI boom lifts chip demand
Samsung reported its highest-ever revenue for July to September, at 195.3 trillion won, its fourth straight quarter of record profit and revenue. The company says demand for chips used in AI systems helped drive the results.
Quick glossarySamsung, won, chip demand
- Samsung
- A South Korean electronics giant best known for its smartphones, TVs and memory chips, based in Seoul.
- won
- The currency of South Korea, used to measure the value of money in the country.
- chip demand
- How many computer chips customers want to buy, which shows how much the companies making them are needed.
Read at Economic Times Tech
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