Samsung predicts a bumper 2024, forecasting a 900% increase in profits for the first three months of the year
The second largest chip manufacturer in the world, Samsung, has announced its forecast for the company's first quarter results of 2024. While it's only expecting a reasonable 8% increase in sales, compared to this time last year, operating profits are expected to improve by more than 900%—from a mere half a billion dollars up to an enormous $4.9 billion.