SEOUL, July 30 (Reuters) – Samsung Electronics said on Thursday its operating profit jumped 19-fold to a record in the second quarter, as solid demand for AI chips offset weaker earnings at its mobile business.
The world’s top memory chipmaker reported operating profit of 89.4 trillion won ($61.91 billion) for the April-to-June period, in line with its estimate of 89.4 trillion won and up from 4.68 trillion won a year earlier.
($1 = 1,444.0800 won)
(Reporting by Hyunjoo Jin and Joyce Lee; Editing by Sonali Paul)
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