Samsung Electronics profit hits all-time high on device and memory sales
Samsung's quarterly figures come in at a time when chipmakers' share prices have tumbled from recent highs amid concerns over growing competition from China and the possibility that the AI boom has peaked. © ReutersSTEVEN BOROWIECJuly 30, 2026 09:43 JSTSEOUL -- Samsung Electronic
Samsung's quarterly figures come in at a time when chipmakers' share prices have tumbled from recent highs amid concerns over growing competition from China and the possibility that the AI boom has peaked. © ReutersSTEVEN BOROWIECJuly 30, 2026 09:43 JSTSEOUL -- Samsung Electronics logged all-time highs in consolidated revenue and operating profits in the second quarter on strong memory chip sales, though questions over how long the artificial intelligence boom will last are clouding the company's longer-term outlook. SEOUL -- Samsung Electronics logged all-time highs in consolidated revenue and operating profits in the second quarter on strong memory chip sales, though questions over how long the artificial intelligence boom will last are clouding the company's longer-term outlook.
SEOUL -- Samsung Electronics logged all-time highs in consolidated revenue and operating profits in the second quarter on strong memory chip sales, though questions over how long the artificial intelligence boom will last are clouding the company's longer-term outlook. Read NextSemiconductorsSK Hynix Q2 profit surges but misses market forecast; shares slideSemiconductorsAI chip boom shifts bottleneck to advanced packaging, says AT&S CEOPoliticsTakaichi's $2.3tn plan draws mixed response from Japan businessesElectric vehiclesCATL thrives while China's EV makers squeezed by supply chain, weak marketIPOChina's CXMT jumps 465% on debut, tops Intel's market capArtificial intelligenceMitsui Fudosan to build physical AI hub near TSMC's Kumamoto baseLatest on CompaniesCompaniesPanasonic plans 4-fold boost to India air conditioner productionCompaniesPanasonic to end TV production in Malaysia, cutting jobsCompaniesJapan's Seven Bank to provide retailers with consumer financial services Read Next Read Next SemiconductorsSK Hynix Q2 profit surges but misses market forecast; shares slideSemiconductorsAI chip boom shifts bottleneck to advanced packaging, says AT&S CEOPoliticsTakaichi's $2.
3tn plan draws mixed response from Japan businessesElectric vehiclesCATL thrives while China's EV makers squeezed by supply chain, weak marketIPOChina's CXMT jumps 465% on debut, tops Intel's market capArtificial intelligenceMitsui Fudosan to build physical AI hub near TSMC's Kumamoto base SemiconductorsSK Hynix Q2 profit surges but misses market forecast; shares slide SemiconductorsSK Hynix Q2 profit surges but misses market forecast; shares slide SemiconductorsAI chip boom shifts bottleneck to advanced packaging, says AT&S CEO PoliticsTakaichi's $2.3tn plan draws mixed response from Japan businesses Electric vehiclesCATL thrives while China's EV makers squeezed by supply chain, weak market IPOChina's CXMT jumps 465% on debut, tops Intel's market cap Artificial intelligenceMitsui Fudosan to build physical AI hub near TSMC's Kumamoto base Latest on Companies Latest on Companies CompaniesPanasonic plans 4-fold boost to India air conditioner productionCompaniesPanasonic to end TV production in Malaysia, cutting jobsCompaniesJapan's Seven Bank to provide retailers with consumer financial services CompaniesPanasonic plans 4-fold boost to India air conditioner production CompaniesPanasonic to end TV production in Malaysia, cutting jobs CompaniesJapan's Seven Bank to provide retailers with consumer financial services Sponsored Content Sponsored Content
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