(MENAFN) The S. Korean giant Samsung Electronics reported net profit for the second quarter period and it reached 8.03 trillion won (USD7.1 billion), increasing from 2.64 trillion won posted a year earlier, mainly due to the rising demand for server DRAMs and SSD products.
While this marks the first time for the chip business to post an operating profit exceeding the 8 trillion-won mark, the components business had posted significant growth in earnings for the mentioned period.
Analysts also expected that it will beat Intel in terms of annual performance as the global chip industry's outlook remains rosy over the second half.
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