Research Advancements: Samsung Electronics logs record-high profit on memory chips

Samsung, the world's largest smartphone maker, generated 3.3 trillion won from its mobile division, lower than the previous quarter but a jump from a year earlier when its fiery Galaxy Note 7 recalls wiped out nearly all of its profit.

Looking ahead, Samsung's component business, especially its memory chips and advanced flexible displays called OLED, will drive the improvement of its financial performance during the fourth quarter and next year, Samsung said.

The memory chip business will continue to see growth not just from the development of technologies in big data and machine learning, but also from growing sales of mobile devices with dual camera and 3D sensors and artificial intelligence capabilities, it said.

 

Source: Mail Online, Oct 31th, 2017

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