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Samsung projects 2024 recovery after 78 percent drop in operating profit.
As expected, the company’s memory chip woes continue to weigh-down quarterly earnings, but it sees recovery in the year ahead. Samsung says that demand for generative AI should be a boon to its foundry business, as will an expected return to growth for premium smartphones, PCs, and TVs which will also benefit Samsung Display.
You know, unless WAR.
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