-
16:26Samsung chip business back on track, logs W1.9tr operating profit in Q1
-
16:16Marking 10 years, KB accelerator nurtures 255 startups
-
16:10Financial groups maintain capital adequacy despite ELS risk
-
16:06Seoul shares up for 3rd day on Samsung, batteries
-
16:06Hopes rise for possible Gaza truce deal
-
15:58[Photo News] Samsung Olympic Experience Zone
-
15:57Naver, Intel, KAIST join forces to set up AI lab in Korea
-
15:46Namhae to extend beer festival period
-
15:46Around 50% of people with disabilities aged 65 or above: report
-
15:42Leaders of S. Korea, Angola agree to boost economic, trade cooperation
Industry
Samsung chip business back on track, logs W1.9tr operating profit in Q1
After logging losses for five consecutive quarters, Samsung Electronics' chip business returned to the black in the first quarter this year, thanks to rising demand for high-end chips and a surge in chip prices. In its earnings report for the January-March period on Tuesday, Samsung said its chip division reported 23.1 trillion won ($16.7 billion) in sales and 1.91 trillion won in operating profits. The profit comes after the company suffered operating losses for five consecutive quarters. In 20