Strong Galaxy S24 sales help surging Samsung profits in Q2 2024
Briefly

Samsung's Q2 2024 financial report revealed a decline in smartphone demand, though the Galaxy S24 series experienced substantial growth in shipments and revenue compared to the previous model, Galaxy S23.
The company's operating profit surged by 1,458% on a yearly basis, primarily driven by the increasing demand for AI memory chips. Despite this, Samsung recorded a decline in sales, particularly in the premium segment, due to the seasonally weak quarter.
Read at GSMArena.com
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