Samsung reports record profit as South Korean chip giants benefit from global AI boom

South Korean technology giant Samsung Electronics has reported a record operating profit of $62 billion for the April-June quarter

South Korean technology giant Samsung Electronics has reported a record operating profit of $62 billion for the April-June quarter
PRESS RELEASE – JULY 30, 2026 2026 Half-Year Results Solid performance in the first half of the year Accretive impact of share buybacks on H1 2026 Net Asset Value €450 million returned to shareholders year-to-date Wendel Investment Managers (now 37% of Gross …
Redington Ltd shares surged after the company reported a strong Q1 FY27 performance, with net profit jumping 77% YoY to Rs 486 crore on record revenue and broad-based growth across segments. Excluding exceptional items, PAT grew more than twice the pace of re…
Samsung Electronics and SK Hynix are now worth about $923 billion and $704 billion, respectively.

The Lululemon- and Inditex-backed company will be able to produce recycled nylon at industrial scale, helping brands meet growing recycled-content and non-destruction rules.