semiconductor / news / / The Economic Times
The company’s operating profit jumped eightfold year-on-year to a record 57.2 trillion won ($38.43 billion) for the January–March quarter.
Samsung's operating profit soared eightfold to 57.2 trillion won, driven by AI-related chip demand.
KEY POINTS
- Semiconductor division contributed 94% of Samsung's total earnings, with profit reaching 53.7 trillion won.
- Chipmakers, including Samsung, are shifting production toward high-end chips used in AI accelerators for Nvidia.
- Mobile and networks division profit fell 35% due to increased component and chip costs.
- Samsung expects continued strong memory chip earnings as AI infrastructure investment remains high.
COMPANIES
Summarized by Newsio from The Economic Times. How we summarize →