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Samsung announces another record-breaking quarter, driven by its memory business

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Samsung announces another record-breaking quarter, driven by its memory business

Samsung Electronics just announced another all-time high quarterly result – revenue grew by 14% quarter-on-quarter (compared to Q3). The press release claims that Samsung Electronics is the world’s first tech company to exceed KRW 100 trillion in quarterly operating profit – specifically, it took in KRW 107.4 trillion in operating profit. Device Solutions (DS), the division that makes memory chips, is at the heart of all this growth. It posted KRW 147.1 trillion in consolidated revenue and a whopping KRW 106.5 trillion in operating profit – another record-breaking quarter for the DS...



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