Samsung, In the second quarter of 2024 As it prepares to announce its earnings, it points out that it has increased its profit for the period thirteen times compared to the same period of the previous year. The company’s revenue in the second quarter of this year was 8.8 trillion won ($6.34 billion) would expect a profit, while the profit in the same period last year was 670 million won. This profit was the highest profit after Samsung’s profit in the third quarter of 2022.

Behind this win for the South Korean tech giant lies the success and achievements achieved on the chip side. research into artificial intelligence It lies. By offering high bandwidth memories (HBM) for artificial intelligence research, Samsung has significantly increased its profit margin. Demand for Samsung’s DRAM chips also increased during this period.

Samsung is assertive again this quarter

On the other hand, Samsung also wants to put in a strong performance this quarter. During the Galaxy Unpacked event on July 10 Galaxy Z Fold6, Galaxy ZFlip 6new mobile accessories are introduced, products such as Galaxy Watch Ultra and Watch 7.

Recently, the South Korean tech giant to diversify its areas of activity is focused. When the rise in chip prices and the interest in Samsung’s products come together, the future looks bright for the company.