Home Business News Samsung profit jumps 19-fold as AI chip demand offsets first loss in mobiles

Samsung profit jumps 19-fold as AI chip demand offsets first loss in mobiles

Samsung profit jumps 19-fold as AI chip demand offsets first loss in mobiles

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Published: July 30, 2026 06:33:08 IST

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SEOUL, July 30 (Reuters) – Samsung Electronics said on Thursday its operating profit jumped 19-fold to a record in the second quarter, as flagged, with strong demand for AI chips offsetting a slide in

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