# South Korea's benchmark Kospi stock index opened at a fresh high of over 6,700 on Thursday following strong earnings figures from Samsung and US technology giants.

*semiconductor · news · 2026-04-30 · The Economic Times*

## Key points

- Samsung Electronics reported a record quarterly net profit of 47.1 trillion won, beating analyst forecasts.
- First-quarter operating profit rose over 750 percent year-on-year to 57.2 trillion won.
- Samsung's semiconductor division achieved 53.7 trillion won in operating profit, driven by strong AI-related chip sales.
- Memory division set a new quarterly sales record due to high-value-added AI demand and memory price increases.
- South Korea's Kospi index reached a record high above 6,700 after Samsung's strong earnings report.

**Companies:** Samsung Electronics, SK hynix
**Countries:** South Korea, United States, China

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/tech/technology/samsung-electronics-posts-record-quarterly-profit-on-ai-boom/articleshow/130620652.cms)

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