Samsung Electronics reported a record Q1 operating profit of 57.2 trillion won, driven by strong AI-led demand for memory chips. Revenue hit a new high of 133 trillion won. Growth was led by its semiconductor unit, while mobile profits declined. Analysts expect momentum to continue amid rising AI infrastructure investments.
Seoul, April 7 (IANS) Samsung Electronics on Tuesday estimated its first-quarter operating profit to have surpassed 50 trillion won ($33.1 billion) for the first time, driven by strong demand for premium memory chips from the artificial intelligence (AI) industry.
The South Korean tech giant projected an operating profit of 57.2 trillion won for the January-March period, surging from 6.61 trillion won a year earlier, according to earnings guidance released by Samsung Electronics.
The operating profit was 36.7 percent higher than the average estimate, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.
Samsung Electronics' operating profit for all of 2025 was 43.6 trillion won.
-
IPL 2026: The reward of waiting is a six… Why did Umesh Yadav say this before the RCB vs RR match?
-
“No Name Change Plan, Focus on Development”: Pratap Simha Dismisses Ashokapuram Renaming Claims
-
India-backed Sri Lanka railway line resumes after cyclone restoration
-
Fridge Vastu: Do not keep anything on the fridge after seeing the empty space, this mistake can cause diseases. Avoid These Items On Your Refrigerator To Prevent Vastu Dosh
-
Break relations with such people immediately, otherwise life will become hell, know the policy of Acharya Chanakya – News Himachali News Himachali
