Salem Radio Network News Sunday, September 21, 2025

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Samsung reports improved profit as losses from chip business narrow

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( ) -q-24- UNDATED (Correspondent Jeremy House) “its DRAM chips.”

Samsung Electronics has reported its highest quarterly profit for the year.

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TAG: Correspondent Jeremy House reporting. The South Korean technology giant’s 1.8 billion dollar operating profit for the three months to September still marked a 77.6% decline from the same period last year.

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VERBATIM: Samsung saw narrowed losses from its computer chip business amid a slow recovery in global demand. The company said it expects its business to further improve in coming months. It cites the replacement cycles of personal computers and smartphones and the expansion of artificial intelligence-based devices and services, which has been increasing the demand for its DRAM chips.

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