It comes as chip prices recover from a post-pandemic slump, while demand for AI-related products...
Samsung Electronics says it expects its profits for the first three months of 2024 to jump by more than 10-fold compared to a year earlier.
South Korea-based Samsung is the world's largest maker of memory chips, smartphones and televisions.
Its earnings are expected to be boosted by a rebound in semiconductor prices on the global market after a severe downturn a year earlier.
Global memory chip prices are estimated to have risen by around a fifth in the last year.
Samsung's semiconductor division is usually the biggest revenue earner for the firm.
Demand for semiconductors is also expected to remain strong this year, helped by the boom in AI technologies.
Samsung is also expected to get a boost from sales of its new flagship Galaxy S24 smartphones, which were launched in January.
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