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Memory shortage drives Samsung to 160% fourth-quarter profit spike
Jan 6, 2026
< 1 min read
by Hania Humayun
for CryptoPolitan
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Samsung Electronics reports a 160% increase in operating profit for Q4 2023 due to a shortage of memory chips driving up prices.
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Samsung Electronics is getting ready to announce a sharp jump in profits for the last three months of the year, and it’s all thanks to a serious shortage of memory chips that’s pushed prices way up. The South Korean tech company is looking at a 160% increase in operating profit for October through December, according […]
