Samsung forecasts record profit, crediting AI boom for rapid growth
Samsung Electronics expects its profits to triple in the final quarter of 2025, setting a new company record and marking a sharp reversal from recent weaker results. The company links the surge to rising demand driven by artificial intelligence, which is lifting sales across its core businesses.
The forecast underscores how the AI boom is reshaping the outlook for major hardware and component makers, with Samsung positioning itself to benefit from increased needs for advanced chips, memory, and related infrastructure.
More from Business
UAE-based operator group e& said Group CEO Hatem Dowidar will leave his post after six years in charge, ending a tenure marked by structural change an
Samsung shipped 46.6 million smartphones in Europe (excluding Russia) in 2025, taking a 35% share and the top spot in the market, according to researc
Meta has signed a multiyear agreement to buy millions of Nvidia processors to run its next phase of AI infrastructure, extending a relationship that a
Liberty Global will acquire Vodafone Group’s 50 percent share in their Dutch joint venture, VodafoneZiggo, taking full control of the company. The dea
Liberty Global, Telefónica and InfraVia have agreed to buy Substantial Group, the UK fibre network operator better known as Netomnia. The acquisition
Qatar’s Ooredoo Group is creating a separate company, Ooredoo Fibre Networks (OFN), to take over its international connectivity and subsea cable infra