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Samsung locks in about 75-80% of next year's memory output through long-term supply deals
Samsung Electronics has secured long-term supply agreements covering about 75-80% of its planned memory chip production for next year, KED Global reported, as global technology firms including Nvidia, Google and Microsoft seek to lock in supplies for five years or more amid surging demand for AI infrastructure.
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Samsung flags $80 bn Q3 profit, highest quarterly earnings for any global tech firm; shares down Samsung's headquarters in Seoul Samsung Electronics Co. posted a consolidated quarterly operating profit of 107.4 trillion won ($80 billion), making it the first South Korean company and the first global technology firm to exceed the 100 trillion won quarterly operating profit threshold.The thi