Samsung's chip profit jumped nearly 50-fold in a single year, execs warn the shortage will get worse

Operating profit in semiconductors climbed to 53.7 trillion won ($36.15 billion) for the January – March period, up sharply from 1.1 trillion won a year earlier. The figure accounted for roughly 94% of Samsung’s total operating profit of 57.2 trillion won. Revenue rose 69% year over year to 133.9 trillion won.

Read Entire Article

Source link