( ) -q-27- UNDATED (Correspondent Jeremy House) “weaker U.S. dollar.” Samsung Electronics has reported progress on a major supply deal for artificial intelligence-focused chips, aiming to reassure investors following a slowdown in semiconductor profits during the last quarter. [CutID: <Cuts> SAMSUNG-AI-CHIPS-house-q-THUam.mp3 Time: 27s Title: SAMSUNG-AI-CHIPS-house-q-THUam Out-cue: weaker U.S. dollar] TAG: Correspondent Jeremy House reporting. —————————- […]
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Samsung reports ‘major’ progress in supply deal for AI chips
( ) -q-27- UNDATED (Correspondent Jeremy House) “weaker U.S. dollar.”
Samsung Electronics has reported progress on a major supply deal for artificial intelligence-focused chips, aiming to reassure investors following a slowdown in semiconductor profits during the last quarter.
[CutID: <Cuts> SAMSUNG-AI-CHIPS-house-q-THUam.mp3
Time: 27s
Title: SAMSUNG-AI-CHIPS-house-q-THUam
Out-cue: weaker U.S. dollar]
TAG: Correspondent Jeremy House reporting.
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VERBATIM: The South Korean technology giant says its operating profit for the July-to-September period increased by more than 277% from a year earlier to $6.65 billion. But the figure represented a 12% decline from the second quarter. Samsung attributed the decline largely to one-off costs such as provision of employee incentives in its computer chip division and the effects of a weaker U.S. dollar.