Samsung Electronics’ Q2 Profit Likely Rose 11 Percent on Solid Server Chip Demand

Samsung Electronics’ Q2 Profit Likely Rose 11 Percent on Solid Server Chip Demand

Samsung Electronics reported a smaller-than-expected rise in quarterly operating earnings on Thursday as lower sales to inflation-hit smartphone makers dragged on profits from server customers loading up on memory chips. The world’s largest memory-chip and smartphone maker estimated its profit rose 11 percent from a year earlier to KRW 14…