Alva Review-Courier -

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...



For access to this article please sign in or subscribe.



 

Reader Comments(0)

 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2020

Rendered 12/01/2020 20:26