Samsung posted its detailed monetary outcomes right this moment for the primary quarter of 2024, and it is actually optimistic. The Korean big reported an working revenue of KRW6.61 trillion ($4.85 billion), which is a tenfold enhance over the identical interval final yr.
A serious cause why revenue is again to 2022 ranges are the sturdy gross sales of flagship Galaxy S24 telephones and better costs for reminiscence semiconductors, the report states. General income additionally rose 13%.
Expectations for the second quarter are that smartphone gross sales will barely decline. The reminiscence enterprise ought to keep sturdy due to the generative AI calls for.
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