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Samsung Electronics is poised to announce a more than fourfold increase in quarterly profits on Tuesday, largely fueled by improving demand for memory chips. However, the pace of this recovery appears to be slowing as the company has been slow to fully leverage the growing artificial intelligence (AI) boom, a critical area of expansion. According to LSEG SmartEstimate, based on the insights of 29 analysts, Samsung’s operating profit for the quarter ending on September 30 is projected to hit 10.33 trillion won ($7.67 billion). This represents a sharp increase from the 2.43 trillion won profit r…

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