Seoul, July 8 -- South Korean consumer electronics giant Samsung has posted a record profit of USD 61 billion (89.4 trillion won) driven by strong demand for AI-related memory chips, as per a report by Korea Herald.

The report noted that Samsung's preliminary operating profit surged 1,810.3 per cent YoY, according to a regulatory filing, while revenue increased 129.3 per cent YoY to USD 112.9 billion (171 trillion won).

The operating profit also exceeded the market consensus estimate of USD 55.5 billion (84.16 trillion won) compiled by Yonhap Infomax by 6.2 per cent.

As per the Korea Herald, the latest results mark another record quarter for the world's largest memory chipmaker.

"The latest results mark another record quarter for the ...