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Samsung estimates Q2 operating profit up 1,452% YoY to ~$7.54B, and revenue up 23% YoY to ~$53.7B, as chip prices keep rising from a mid-2022 to end-2023 trough (Reuters) 05-07-2024

Reuters:
Samsung estimates Q2 operating profit up 1,452% YoY to ~$7.54B, and revenue up 23% YoY to ~$53.7B, as chip prices keep rising from a mid-2022 to end-2023 trough  —  Samsung Electronics (005930.KS) estimated on Friday a more than 15-fold rise in its second-quarter operating profit …


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