Samsung projects historic R1.32 trillion profit as AI memory demand soars
Samsung Electronics has projected a landmark third-quarter operating profit of R1.32 trillion (₩107.4 trillion), marking the first time a global technology company has surpassed R1.23 trillion in quarterly earnings. Driven by a nearly nine-fold year-on-year surge in operating profit, the result represents Samsung’s fourth consecutive quarter of record earnings, fuelled by an escalating global memory…