SEOUL, Jan 8 (Reuters) - Samsung Electronics on Thursday projected a 208% jump in fourth-quarter operating profit from a year earlier, beating analysts' estimates as tight supply and a surge in artificial intelligence-driven demand pushed up prices for conventional memory chips.
The world's largest memory chipmaker estimated an operating profit of 20 trillion won ($13.82 billion) for the October-December period, compared with an LSEG SmartEstimate of 18 trillion won, a regulatory filing showed.
($1 = 1,446.9800 won)
(Reporting by Heekyong Yang and Joyce Lee; Editing by Sonali Paul)
NVIDIA Corporation is the world leader in the design, development, and marketing of programmable graphics processors. The group also develops associated software. Net sales break down by family of products as follows:
- computing and networking solutions (89%): data center platforms and infrastructure, Ethernet interconnect solutions, high-performance computing solutions, platforms and solutions for autonomous and intelligent vehicles, solutions for enterprise artificial intelligence infrastructure, crypto-currency mining processors, embedded computer boards for robotics, teaching, learning and artificial intelligence development, etc.;
- graphics processors (11%): for PCs, game consoles, video game streaming platforms, workstations, etc. (GeForce, NVIDIA RTX, Quadro brands, etc.). The group also offers laptops, desktops, gaming computers, computer peripherals (monitors, mice, joysticks, remote controls, etc.), software for visual and virtual computing, platforms for automotive infotainment systems and cloud collaboration platforms.
Net sales break down by industry between data storage (88.3%), gaming (8.7%), professional visualization (1.4%), automotive (1.3%) and other (0.3%).
Net sales are distributed geographically as follows: the United States (46.9%), Singapore (18.2%), Taiwan (15.8%), China and Hong Kong (13.1%) and other (6%).
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