Samsung is being pushed towards a record profit of $80bn by the continuing boom in chips used for artificial intelligence, according to the supplied report.
The technology giant is expected to benefit from strong demand for AI chips, which has become a major driver of its financial performance. The reported figure would represent a record profit for the company.
Samsung could receive a further boost from its latest folding smartphones and other folding devices, launched in August. The new products are expected to contribute to the company’s performance alongside its chip business.
The available information does not provide further details on the period covered by the profit figure, the precise contribution from AI chips or sales of the folding devices. Samsung’s latest financial outcome and the impact of the August launches remain the next key developments to be assessed.
