Source: BBC News [UK state media]
“South Korean technology giant Samsung Electronics says it expects to post a 19-fold jump in its profits, driven by global demand for artificial intelligence (AI) memory chips. The company forecast that it made 89.4tn won (£43.6bn; $58.4bn) between the start of April and the end of June, marking its third record quarterly operating profits in a row. Major South Korean firms like Samsung release forecasts of their earnings ahead of official detailed reports to help guide investors.” (07/07/26)