Samsung Electronics President No Tae-moon: "Strong Galaxy S24 Sales... Revenue Growth Expected This Year"

Notae Moon, President of Samsung Electronics' Mobile Experience (MX) Division, stated that the Galaxy S24 series, released in July this year, has shown strong sales, and he expects the MX division's revenue to increase compared to last year.

According to industry sources on the 23rd, President Noh shared this during a town hall meeting held at Samsung Electronics' Suwon campus, discussing this year's performance with employees.

Samsung MX division's revenue continued its growth trend compared to the previous year through the third quarter of this year. It is also projected that the total revenue for the fourth quarter will result in an increase compared to last year.

He emphasized that "Galaxy has secured value that cannot be bought with money by leading the shift into the mobile artificial intelligence (AI) era."

President Noh also announced a vision to drive everyday innovation centered on practical use through the advancement of Galaxy AI next year.

He explained, "We will continue growth by strengthening sales of flagship smartphones such as the Galaxy S series and Z series," adding, "We will also expand AI experiences across various Galaxy products including Galaxy Tab, Book, Watch, Ring, and Buds to further enhance the ecosystem."

This content was produced with the assistance of AI translation services.