Samsung is a big technology company from South Korea. They make many electronics, like smartphones and computer chips. Recently, they announced that their profits went up a lot, mainly because of selling AI memory chips. From April to June, their profits were almost 19 times more than the same time last year.
Many people around the world want AI chips, which makes the prices rise. Samsung's earnings report surprised some investors because it was better than they thought. But, Samsung's stock value went down a little because some people expected even higher profits. Despite this, Samsung's overall market value is more than twice as big since the year started.
Other South Korean companies like SK Hynix also grew a lot. The demand for AI technology is making many companies spend more money on making chips. Countries like Japan, China, and Taiwan are also putting a lot of effort into their semiconductor industries. Investing in these chips is becoming more important around the world.
Original news source: Samsung profits jump 1,800% as AI chip sales soar (BBC)
π§ Listen:
π Vocabulary:
Group or Classroom Activities
Warm-up Activities:
1. Have you heard of Samsung before? What do you know about them?
2. Can you name some electronics that you use every day?
3. Do you think technology companies are important? Why?
4. What do you think would happen if there were no new computer chips?
5. How can high demand for something affect its price?
π€ Comprehension Questions:
South Korea.
Smartphones and computer chips.
Sales of AI memory chips.
Almost 19 times more.
Some people thought profits would be even higher.
SK Hynix.
Japan, China, and Taiwan.
π§βοΈ Listen and Fill in the Gaps:
Samsung is a big technology company from South Korea. They make many electronics, smartphones and computer chips. Recently, they announced that their profits up a lot, mainly because of selling AI memory chips. From April to , their profits were 19 times more than the same time last year. Many people the world want AI , which makes the prices rise. Samsung's earnings report surprised some investors because it was better than they thought. But, Samsung's stock value went down a little because some people expected even higher . Despite this, Samsung's overall market value is more than twice as big since the started. Other South Korean companies like SK also grew a lot. The demand for AI technology is making many companies spend more money on making chips. Countries like Japan, China, and are also a lot of effort into their semiconductor industries. Investing in these chips is becoming more around the world.
π¬ Discussion Questions:
1. Why do you think AI technology is so popular right now?
2. How do companies decide how much to invest in new technology?
3. What impact do you think technology has on your daily life?
4. How do you feel about the idea of artificial intelligence?
5. Why might investors be interested in technology companies?
6. What other industries might benefit from AI technology?
7. How might countries benefit from investing in semiconductor industries?
8. Do you think it's important for countries to develop their own technology?
9. What are some other big technology companies you know?
10. Why might some people expect even higher profits from successful companies?
11. How can technology influence economic growth?
12. How do you keep up with new technology trends and news?
Individual Activities
ππ Vocabulary Meanings:
Click a dot next to a word, then click the dot next to its meaning to draw a line connecting them.
