//requireed files include_once get_template_directory()."/includes/helpers.php"; define('BUNYAD_THEME_VERSION', '10.2.1'); // Already initialized - some buggy plugin call? if (class_exists('Bunyad_Core')) { return; } /** * Initialize Framework * * Include the Bunyad_Base and extend it using our theme-specific class. */ require_once get_theme_file_path('lib/bunyad.php'); require_once get_theme_file_path('inc/bunyad.php'); /** * Main Theme File: Contains most theme-related functionality * * See file: inc/theme.php */ require_once get_theme_file_path('inc/theme.php'); // Fire up the theme - make available in Bunyad::get('theme') Bunyad::register('theme', [ 'class' => 'Bunyad_Theme_SmartMag', 'init' => true ]); // Legacy compat: Alias Bunyad::register('smart_mag', ['object' => Bunyad::get('theme')]); /** * Main Framework Configuration */ $bunyad = Bunyad::core()->init(apply_filters('bunyad_init_config', [ // Due to legacy compatibility, it's named smartmag without dash. 'theme_name' => 'smartmag', // For retrieving meta values from core plugin. 'meta_prefix' => '_bunyad', // Legacy compat. 'theme_version' => BUNYAD_THEME_VERSION, // Widgets enabled. 'post_formats' => ['gallery', 'image', 'video', 'audio'], // Sphere Core plugin components 'sphere_components' => [ 'social-follow', 'breadcrumbs', 'auto-load-post', 'adblock-detect', 'elementor\layouts', 'elementor\dynamic-tags' ], 'customizer' => [ 'font_aliases' => true ], 'add_sidebar_class' => false, ])); {"id":171445,"date":"2024-07-05T08:42:20","date_gmt":"2024-07-05T08:42:20","guid":{"rendered":"https:\/\/worthyhacks.com\/samsung-projects-15-fold-profit-surge-in-second-quarter-as-chip-prices-rise\/"},"modified":"2024-07-05T08:42:22","modified_gmt":"2024-07-05T08:42:22","slug":"samsung-projects-15-fold-profit-surge-in-second-quarter-as-chip-prices-rise","status":"publish","type":"post","link":"https:\/\/worthyhacks.com\/samsung-projects-15-fold-profit-surge-in-second-quarter-as-chip-prices-rise\/","title":{"rendered":"Samsung projects 15-fold profit surge in second-quarter as chip prices rise"},"content":{"rendered":"


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Samsung forecast a surge in its second-quarter revenue as the worldwide reminiscence chip market continues its rebound fueled by the AI growth.<\/p>\n

The South Korean tech big stated on Friday in its preliminary earnings steerage that it estimates an working revenue of 10.4 trillion gained within the quarter, a rise of 1,452% from a 12 months in the past. Income additionally jumped 23.31% over the identical interval to 74 trillion gained.<\/p>\n

Additionally:\u00a0<\/strong>The Samsung Galaxy Tab S9 FE is only $379 for Amazon’s 4th of July sale, its lowest price yet<\/strong><\/span><\/a><\/span><\/p>\n

The revenue surge continues the turnaround of Samsung’s chip division that began the earlier quarter, by which it noticed working revenue soar 900% from a 12 months in the past. The chip division’s return to profitability after 5 earlier quarters within the purple immediately contributed to that soar.<\/p>\n

Within the second quarter, the corporate’s chip division is predicted to have completed the heavy lifting, contributing roughly half or extra of the working revenue, in line with South Korean analysts.<\/p>\n

Additionally:\u00a0<\/strong>What to expect from Samsung Unpacked Summer 2024: Galaxy Z Fold 6, Watch 7, Smart Ring, more<\/strong><\/span><\/a><\/span><\/p>\n

DRAM and NAND costs have been on a gentle climb since late final 12 months. DRAMs, particularly high-bandwidth reminiscence (HBM), utilized in knowledge facilities are particularly in excessive demand because of AI.<\/p>\n

In the meantime, Samsung’s smartphone enterprise unit is predicted to have contributed roughly 2 trillion gained out of the working revenue whole. The corporate will announce its full earnings report on the finish of the month.<\/p>\n

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The sturdy second quarter efficiency, its greatest in two years, will little question elevate morale in Samsung after a dismal 2023. And it’s only going to get higher.<\/p>\n

Demand for HBM is predicted to be sturdy by the 12 months and the corporate has a cope with Nvidia on the horizon. <\/a>Samsung has stated it’s planning to begin mass manufacturing of HBM3E throughout the third quarter. Along with this persevering with rise in chip demand, Samsung can also be set to unveil its new foldables subsequent week, which is able to give its earnings an additional increase.<\/p>\n<\/div>\n