Samsung: The tech giant’s profits have increased by over 900%.

Typically, Samsung’s semiconductor business generates the most revenue for the company.

This year’s robust demand for semiconductors is also anticipated, thanks in part to the development of AI technology.

The April 3 earthquake in Taiwan may also restrict the supply of semiconductors available globally, allowing Samsung to increase prices even more.

Major chipmakers such as TSMC, a supplier to Nvidia and Apple, are based in Taiwan.

Although TSMC claims the earthquake had little effect on its output, it did create some operational disruptions.

Sales of Samsung’s newly released flagship Galaxy S24 smartphones, which were introduced in January, are also anticipated to increase.

Samsung: The tech giant's profits have increased by over 900%.
Samsung: The tech giant’s profits have increased by over 900%.

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Apple reduces staff after abandoning ambitions for self-driving cars.

Fri Apr 5 , 2024
“While this might seem significant given that it relates to Apple as one of the last big tech giants to make job cuts, it is not driven by the need for efficiencies,” states Pescatore.”It feels more like a shift of strategic focus into other new emerging areas like AI,” he […]
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