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Thomas Ricker
Samsung’s smartphone biz posts first ever loss, but profit still soars 1,300 percent on RAM.

Samsung Electronic’s memory chip business is killing it, hitting $49.64 billion for the quarter and driving over 99 percent of its operating profit. But the price gouging created by the AI hype caused its smartphone and home-appliance businesses to post modest operating losses due to the higher cost of chips and other components.

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