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South Korean electronics giant Samsung posted significant growth in the first quarter of 2024 thanks to a resurgence in demand for memory chips. The market leader in memory chips and smartphones said it expected its operating profit to have increased more than tenfold year-on-year in its earnings guidance for the first quarter of 2024, released on Friday. The consolidated operating profit from the core businesses is expected to amount to about 6.6 trillion won ($4.9 billion), Samsung said. In the first quarter of last year, the figure was 640 billion won. Samsung expects consolidated sales to …

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