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By Youkyung Lee
AP Technology Writer 

Samsung on a roll as data demand for memory chips soars


SEOUL, South Korea (AP) — Samsung Electronics is on a roll thanks to booming sales of memory chips required by the increasingly data-based economy.

The company, the world's largest supplier of memory chips, said Friday that its operating profit soared 72 percent in the April-June quarter over a year earlier to a record high.

Samsung has the most advanced memory chip production technology.

Robust semiconductor sales amid a massive expansion of data use yielded a record profit in the last quarter even as smartphone market growth slowed, analysts said. The results beat expectations, putting...

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