AI Market Fuel's Samsung's Optimistic Outlook as It Aims to Boost Supply of High-end Memory Chips from gaand market Watch Video

⏲ Duration: 0:30
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✓ Published: 01-May-2024

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Samsung Electronics' forecast is optimistic due to the AI market. The company plans to increase the supply of high-end memory chips to meet the growing demand. Samsung reported a significant increase in first-quarter operating profit, driven by a strong rebound in memory chips. Samsung's mobile devices business regained its position as the world's top smartphone vendor, with AI functions driving sales of its flagship Galaxy S24 smartphones.