Samsung estimates Q1 operating profit of $4.9B, up 931% YoY, and sales of $52.68B, up 11.4% YoY, as memory chip prices surge, hinting end of the chip downturn (Song Jung-a/Financial Times)

Song Jung-a / Financial Times:
Samsung estimates Q1 operating profit of $4.9B, up 931% YoY, and sales of $52.68B, up 11.4% YoY, as memory chip prices surge, hinting end of the chip downturn  —  World's biggest maker of memory chips beats expectations with strong first-quarter guidance  —  Samsung Electronics expects …

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