Samsung reported record revenue in the third quarter on the back of booming demand for memory chips
SEOUL— Samsung Electronics Co.
reported record quarterly revenue and saw net profit grow by 31% on the back of booming demand for memory chips, though some growth may soon slow as theThe Suwon, South Korea, company posted a third-quarter net profit of 12.29 trillion won, or the equivalent of $10.5 billion, versus 9.36 trillion won a year earlier.
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