The DS division, Samsung's biggest contributor, saw a remarkable 78% increase in sales and a staggering 200% jump in total profit, reflecting strong demand in memory and foundry sectors.
The MX business, responsible for Galaxy phones, experienced a modest sales increase of 3%, but profit declined by 14%, impacted by global inflation and sluggish smartphone demand.
Expectations for the upcoming quarter hint at growth driven by seasonality, including significant shopping events in Western Europe and the US, despite existing inventory adjustments in mobile.
Geopolitical tensions and potential stimulus measures from major economies like China and the US could pose challenges for Samsung's performance, affecting their market prospects moving forward.
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