Samsung Q3 chip profits up 82% y-o-y

Samsung saw Q3 chip profits grow 82% y-o-y to $8.62 billion. Corporate Q3 profit was up 28% at $13.48 billion on revenues up 10% at $63 billion. “A longer-than-expected component supply issue may need to be monitored due to potential impacts”, said Samsung, adding that there was “strong fundamental demand for servers from increased investments ...

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