Samsung Sees Profit Jump 10-Fold on Memory Chip Recovery | Vantage with Palki Sharma
Samsung Sees Profit Jump 10-Fold on Memory Chip Recovery | Vantage with Palki Sharma
South Korea's Samsung has seen profits jump 10-fold in first quarter of 2024. The company earned operating profits of $4.8 billion, which is a jump of nearly 933% compared to last year. Samsung's overall revenue rose to $52 billion, which is an increase of 13%. Samsung is gaining huge profits thanks to the memory chip recovery. The prices of chips have recovered after the post-pandemic slump. Global memory chip prices have risen by a fifth in the last year. Additionally, there is greater demand for AI related products, which is boosting Samsung sales. Because artificial intelligence models need memory chips for their complex datasets. Palki Sharma tells you more in this report.
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Samsung | Profits | Chip | Artificial Intelligence | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#samsung #semiconductor #memorycard #ai #profits #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
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Пікірлер: 93
The perspective is eye-opening, enjoy the global coverage.
Common Samsung W 👑
Samsung has done very well in smartphone revolution.
Samsung is my favorite always ❤
Huge jump in profit
0:59 Samsung deserve it. They earned it. Apple is no more in competition neither they are even in market. Apple phones are featureless phones, where Samsung are unique features every different phones.👏👏
@timestampAi
20 күн бұрын
It's actually depends whether people afford it or not. Samsung makes display, chips, fridge, phones,laptop,tv,buds and so on but not even close to apple in terms of brand value. Where apple sells iphone, ipad, mac , airpod , apple watch , i think it's all. Apple is in the top 2 valuable brand where is Samsung. Samsung is on most smartphone sale list because of galaxy a series, cheap series. Samsung doesn't even optimize a series phones properly. My mom have galaxy a54, and I use XR 5 years old XR is way smoother than last years A54. You might say I am isheep that's only thing you got to say. Soon I am going to buys iphone to my mother cause galaxy SUCKS.
@shabbirmanji4190
20 күн бұрын
@@timestampAi I can feel your jealousy😆😅, but i can understand completely humanly natural. Rather letting it grow & fight learn to accept it.
@cherriepie2.042
20 күн бұрын
Samsung fans make their 😂own happiness , not knowing the damn true. They would take more than a decade to close to the apple’s market cap, If apple sleeps for next decade😂
@shabbirmanji4190
20 күн бұрын
@@cherriepie2.042 Why commenting on unknown discussion with an illogical & immature thinking. Learn to mind your own business.
@timestampAi
20 күн бұрын
@@cherriepie2.042 100 % Agree with you. That @shabbiwhatever, doesn't understand anything. He said I feel your jealousy, he is humanly 😂 - and doesn't even understand human language. You shabbi, if you r reading this, this whole video is about Samsung chip and memory making benefit, around 4B$ as compared to 2020 or whenever. And I am not jealous, why should I be I use apple, 2nd most valuable company. 1. Microsoft 2. Apple Around 3 trillion dollar value. Samsung- what? You said I have to accept fact, what fact. The fact that Apple is greater than Samsung, I know it. Creepy samsung user. Just say you can't afford apple. Again, illogical and immature thinking, what? Whatsoever, Apple is Apple. Samsung is shit.
Where our india stands among these giants 😮
@noob-gx5bu
20 күн бұрын
No interest india products😅
@ashishbahuguna78
20 күн бұрын
@@noob-gx5bu ya sure go eat kimchi now😂
@DineshTwanabasu
20 күн бұрын
At the bottom
@jeevan88888
20 күн бұрын
Far behind..
@m11nt
18 күн бұрын
We aren't spending money on R&D
We want charger in our phone also expandable storage.✅
The most valuable company in the world is the Netherlands company manufacturing the machines which make the chips that Samsung et. al. use to make their designes chips.
@jmatt98
20 күн бұрын
No it’s not. Apple is more valuable
@ntej7927
20 күн бұрын
ASML
@jmatt98
20 күн бұрын
@@ntej7927 no. APPL
@shloksharma328
20 күн бұрын
In terms of Market Cap : No In Semiconductor Supply Chain : Yes
@PrachandParshuram
20 күн бұрын
@@shloksharma328 Speculative market value bubble is not my standard of actual value.
They should include a charger with their phones..
@JSRTales
20 күн бұрын
exactly if consumers stop buying they will fll
@christianoronaldo2189
20 күн бұрын
Apple becomes worse and worse
@A1stardan
20 күн бұрын
@@christianoronaldo2189 and Samsung follows in apples footsteps
Palki's global and information technology news coverage are phenomenon rather than political news coverage that are one sided
@Madtitan.123
20 күн бұрын
Yeah but who doesn't have a side
@Lufy422
20 күн бұрын
Yeah Dhruv Rathee is so unbiased that’s why he didn’t talk about Sandeshkhali at all.
@Madtitan.123
20 күн бұрын
@@Lufy422 I hate that guy's political video's those are insanely biased. He totally gets paid by keju
@Lufy422
20 күн бұрын
@@Madtitan.123 He never talks about Waqf board getting properties/land of Hindus and even govt properties gifted by congress.
@Madtitan.123
20 күн бұрын
@@Lufy422 I know bro he is defaming modi for even non related things
Samsung does well in semiconductors their Exynos Chips are way better these days.
Proud user of Samsung products!!! 😁
US will put tariffs on Samsung 😅😅
Nice presentation , background voice is good.
Samsung phones are the best now. But Indians keep buying Chinese phones for processors, but always remember processor is nice everything. Display, security, lost lasting, speakers etc matters a lot. Chinese phones send user data to China govt. But Samsung is south Korean brand which is a democracy.
@m11nt
18 күн бұрын
People want value for money. You can't ask poor people to buy a low end Samsung mobile which performs worse than a similarly priced Chinese phone.
@abhayyyy15
18 күн бұрын
I am using a realme phone and it is far better than a Samsung phone in its price range
Samsung knows the winning formula
Hoping a design change for the upcoming s25u 😮💨
Apple new nokia
Samsung is the best phone..
India going to next big hub
@ShyamS-sx7xt
19 күн бұрын
yes banana chips giant India
Still employees would get any benefits?
I really love McDonalds chips😊
Love for asian companese. Bravo Samsung. But be careful of american sanctions
24 ,25 ,26 booom 4 sam
Was it AI speaking in between?
@IK-dx6fr
20 күн бұрын
😂
Invisible ele
India's 21st century is about?
@zisun7483
20 күн бұрын
How to turn cow dungs into semiconductor and empowering India EV batteries
Wow this is greater than Nvidia? sounds too good is this sustainable
Actually, it's Nvidia that's the chip king
Nvidia?
am I wrong for wantinf to rule the wourld
Samsung profit and turnover Can cross Nvidia Apple Microsoft ? Can Big country market help Samsung to jump first position like USA China India Brazil South Africa
Samsung can achieve this results if not help by India ingenuity Samsung should share this profits with India
@Kawaga-uc4qq
20 күн бұрын
How?
@ori5581
19 күн бұрын
If you can be hired as employee, you can earn that profit. Some indians are hired as director in samsung.
Intel😮💨😒-------
China have newest chips more Powerful than Qilin/Kirin 9000 made by Huawei
Complete propaganda😂 What she didn't told you is that Samsung profit dropped by 96% on the second last quarter, that is, a drop by a factor of 25, and now an increase of 933% (a factor of 9) based on that amount after the decline means that Samung profit increased from 4% of profit fron the third last quarter to 37% of the third last quater. This only indicates a exceptionally tough half year for Samsung. Nividia is the one and only champion winner here in the semiconductor industry.
Compare samsung with nvidia not apple or meta!!!
Apple's downfall has started
@temidayojaphet2901
21 күн бұрын
😂
@anand.chaudhari
20 күн бұрын
Not until fanboys wake up!
Could we please get away with thsi fake voice modulations of the narrator. It feels like he is wanting to be expressive but ends up sounding like a school kid reading prose. Thanks.
Wait until China gets in the game. Samsung is going to cry. 😅
@prathm87
20 күн бұрын
Joke of the Century. 😂🤣
@anand.chaudhari
20 күн бұрын
Then you’ve no idea how big Samsung is 🤦♂️
It's ebitda
I hate Samsung phones from the bottom of my heart. As an iPhone user I would rather give my money for Pixels or Chinese phones. Samsung trying to impress maybe some kids with big numbers and fake moon pictures.
Samsung is the worst chip maker
S24Ultra is king apple is trash