Samsung targets 2025 growth with advanced AI and memory tech expansion
Samsung Electronics reported Q4 2024 revenue of KRW 75.8 trillion, marking a 4% sequential decline. The DS division saw a 3% increase driven by high-value memory products for servers, while the DX division faced a 10% revenue drop due to rising competition and new smartphone launch delays.
Samsung’s stock falls on fears of weakness in memory chip markets
The company also warned investors that it’s likely to see only limited earnings growth in the first quarter, as a result of weakness in the key memory chip market, which it dominates. However, it reassured analysts that it’s making progress in its efforts to meet Nvidia Corp.
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Samsung had a solid end to 2024, with Q4 revenues reaching KRW 75.8 trillion ($52.1 billion), a 12% year-on-year increase ...
Samsung Electronics has settled a lawsuit brought by Harvard University that accused it of infringing two patents covering ...
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