Samsung profit surges over eight-fold to beat estimates as AI boom fuels memory chip crunch

Samsung profit surges over eight-fold to beat estimates as AI boom fuels memory chip crunch

The Samsung exhibition stand features the prominent ”A new era of mobile agentic AI” slogan by the South Korean company Samsung Electronics. Joan Cros | Nurphoto | Getty Images Samsung Electronics reported an over eight-fold increase in first-quarter operating profits on Thursday, hitting a new record and beating analysts’ estimates on the explosive growth of…

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Samsung Electronics estimates nearly three-fold profit surge as memory prices skyrocket

Samsung Electronics estimates nearly three-fold profit surge as memory prices skyrocket

Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images South Korea’s Samsung Electronics expects its profits to triple in the final three months of last year, reaching a record high, as memory prices surge amid booming demand tied to artificial intelligence.  The world’s largest memory…

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Japan October exports massively beat estimates on robust growth in shipments to Asia and Europe

Japan October exports massively beat estimates on robust growth in shipments to Asia and Europe

Shipping container loads dock at Tokyo Bay. Sopa Images | Lightrocket | Getty Images Japan’s exports in October massively beat expectations, government data on Friday showed, as shipments to Europe and Asia saw robust growth. Exports grew 3.6% year on year compared with expectations of a 1.1% growth by economists polled by Reuters. However, growth…

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Africa: 2024 Global Immunisation Coverage Estimates – Understanding the Picture in Lower-Income Countries

Africa: 2024 Global Immunisation Coverage Estimates – Understanding the Picture in Lower-Income Countries

Geneva — Each year WHO and UNICEF release global and national routine immunisation coverage estimates (WUENIC).Gavi, the Vaccine Alliance analyses what the 2024 WUENIC data says about the state of immunisation in the 57 low- and lower-middle income countries it supports. KEY TAKEAWAYS Lower-income countries are protecting more people, against more diseases than ever before…

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