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July 30, 2020 05:35 am GMT

Samsungs second-quarter profit grew 23% year-over-year, thanks to strong chip demand

Samsung Electronics sounded a cautiously optimistic note in its earnings report today. The company is continuing to deal with the fallout of the COVID-19 pandemic, but its memory business was fortified by demand for DRAM chips as data centers adapted to an increase in remote work and education. Second-quarter operating profit grew 26% from the […]

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