Samsung Electronics profits up 12.18pc
Friday, 29 July 2022
SEOUL, July 28 (AFP): South Korean chip powerhouse Samsung Electronics said Thursday that second-quarter operating profits were up 12.18 per cent, with record profits in its system semiconductor division despite global supply chain woes.
The company's "system semiconductor businesses... achieved a record high quarterly profit," Samsung said in a statement, adding it had both expanded its product line-up and increased the supply of chips to global customers.