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TECHNOLOGY Saturday 8 July 2017

Samsung on a roll as data demand for memory chips soars

By YOUKYUNG LEE exploded and companies
AP Technology Writer are not saving their money
SEOUL, South Korea (AP) — to invest in servers for data
Samsung Electronics is on a storage and data analysis.”
roll thanks to booming sales Global tech companies
of memory chips required like Google, Amazon and
by the increasingly data- Facebook are scurrying to
based economy. add more servers for their
The company, the world’s databases to store, ana-
largest supplier of memory lyze and process the mas-
chips, said Friday that its sive data generated from
operating profit soared 72 connected devices by
percent in the April-June consumers surfing the inter-
quarter over a year earlier net to stream videos and
to a record high. music, sharing and viewing
Samsung has the most ad- photos and files online and
vanced memory chip pro- using mobile applications.
duction technology. The adoption of artificial
Robust semiconductor intelligence and growth of
sales amid a massive ex- the “internet of things” that
pansion of data use yield- takes vehicles, refrigerators
ed a record profit in the Middle school students experience Samsung Electronics Galaxy S8 smartphones at its shop in and even mundane ob-
last quarter even as smart- Seoul, South Korea, Friday, July 7, 2017. jects like toothbrushes on-
phone market growth Associated Press line will drive even higher
slowed, analysts said. The is typical with Samsung’s had been second to Intel’s, smartphones. demand for microchips
results beat expectations, earnings guidance, the likely surpassed the U.S. That is no longer the case. that can handle more data
putting Samsung on track company didn’t elabo- company’s in the second Now data is driving its with speed and energy ef-
for its highest profit ever in rate on details of its perfor- quarter, analysts said. growth. ficiency.
2017. mance. Samsung is due to The Suwon, South Korea- “To process and analyze Analysts estimate that Sam-
The South Korean tech gi- report full results later this headquartered compa- big data, data storage sung’s semiconductor divi-
ant put its April-June oper- month. ny’s financial performance comes first and this is the sion, which makes DRAM
ating profit at 14 trillion won Other milestones may be has usually mirrored trends driving force behind Sam- and NAND chips for mobile
($12.1 billion), compared waiting. Samsung’s quar- in the global economy or sung’s record-high profit,” devices and servers, gen-
with 8.1 trillion won a year terly profit may have sur- followed cycles in the con- Hwang Min-sung, an ana- erated nearly 8 trillion won
earlier. passed Apple’s for the first sumer electronics industry, lyst at Samsung Securities, ($7 billion) in April-June, or
Sales rose 18 percent to 60 time, and Samsung’s semi- such as how often users said in a report. 60 percent of its quarterly
trillion won ($51.9 billion). As conductor revenue, which upgrade their televisions or “Consumers’ data usage profit.q

Tesla to build giant battery in Australia amid energy crisis

By KRISTEN GELINEAU it will be free. The billion- The battery farm is part of
Associated Press aire entrepreneur originally a AU$550 million ($420 mil-
SYDNEY (AP) — Tesla an- made the 100-day pledge lion) plan announced in
nounced on Friday it will via Twitter in March, and he March by South Australia
build the world’s largest lith- and South Australia’s gov- Premier Jay Weatherill to
ium-ion battery in southern ernment confirmed on Fri- make the state indepen-
Australia, part of a bid to day that the deadline was dent of the nation’s power
solve an energy crisis that part of their official agree- grid. The Australian Energy
has led to ongoing black- ment. South Australia, Market Operator, which
outs across the region. which relies heavily on solar manages the national
Tesla will partner with and wind-generated en- grid, has warned of poten-
French renewable energy ergy, has been scrambling tial shortages of gas-fired
company Neoen to build to find a way to bolster its electricity across southeast
the 100-megawatt bat- fragile power grid since Australia by late next year.
tery farm in South Australia the entire state suffered a The shortage is looming as
state, with Tesla CEO Elon blackout during a storm Australia is expected to Tesla CEO Elon Musk talks about the development of the worlds
Musk promising to deliver last year. Further blackouts soon overtake Qatar as the biggest lithium-ion battery in Adelaide, Australia, Friday, July 7,
the system within 100 days plagued the state over the world’s biggest exporter of 2017.
of signing the contract or next few months. liquid natural gas. q Associated Press