The Korea Times
Samsung Electronics confirmed 57.23 trillion won ($38.55 billion) in operating profit for the first quarter, driven by brisk demand for memory chips amid the global expansion of artificial intelligence infrastructure. In a regulatory filing Thursday, Samsung Electronics reported 133.87 trillion won in sales and 57.23 trillion won in operating profit for the January-March period. The figures marked year-on-year growth of 69.16 percent and 756.1 percent, respectively, setting new quarterly records for the company. In its earnings guidance released April 7, Samsung Electronics projected first-quarter sales of 133 trillion won and operating profit of 57.2 trillion won.
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