Samsung's financial results for July-September 2024 showed significant sales and profit improvements, mainly driven by the DS division's surge in memory and foundry businesses.
The DS division reported a remarkable 78% rise in sales and a 200% jump in profit, indicating strong demand particularly from AI and server investments.
Although the MX business saw a slight sales increase of 2%, it faced a 14.5% drop in profit attributed to broader market pressures from global inflation.
The future outlook remains cautious due to potential geopolitical tensions impacting market dynamics, despite favorable seasonal trends boosting consumer demand.
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