Samsung posts $61.9B profit amidst market hurdles
Samsung Electronics achieved record operating profits in the second quarter of 2026, reaching $61.91 billion, a 19-fold increase compared to the previous year, despite a decline in mobile phone sector profits. This success was driven by strong demand for artificial intelligence chips, which offset the decreased profits in the mobile division. Additionally, the company's revenues surged by 130%, reaching 171.5 trillion won during the same period.
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