Samsung Q2 profit up 23%

Samsung Electronics expects a 23% y-o-y rise in Q2 operating profit on the back of datacentre demand as more people worked from home. Operating profit is expected to $6.8 billion – the highest since Q4 2019. Revenue is expected to be down 7% y-o-y to $43 billion. Rising DRAM prices pushed up the profit. DRAM ...

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