Samsung Elec Likely to Report Stupendous Surge in Quarterly Profit to Record Level

Samsung Elec likely to report stupendous surge in quarterly profit to record level

Samsung Electronics , benefiting from red-hot chip prices stoked by the AI boom, is expected to book a six-fold jump in operating ​profit for January-March - a quarterly record and just shy of what it earned for all of the past business year.

Samsung Electronics likely to report surge in quarterly profit to record level

Samsung Electronics is expected to book a six-fold jump ​in operating profit for January-March - a quarterly record and ​just shy of what it earned for all of the past business year. Samsung is projected to flag on Tuesday a profit of 40.5 trillion won ($26.9 billion) on a 50% climb in revenue, according to an LSEG SmartEstimate drawn from 29 analysts.

Samsung Eyes $26.9bn Q1 Profit as AI Chip Boom Drives Record Earnings - Tech

Samsung Electronics is expected to report a surge in profit for the first quarter (Q1), driven by strong demand and increasing prices for memory chips. Reports say the company could post operating profit of about 40.5 trillion won ($26.8 billion) for January to March. That would be six times higher than the same period last year and close to its full-year earnings for 2025. Revenue is also seen going up by about 50%. Some forecasts go even highe…

Samsung Eyes Record Q1 Profit on Memory Boom

Samsung Electronics’ 6th generation High-Bandwidth Memory (HBM4). (Photo provided by Samsung Electronics) Samsung Electronics, which became the first domestic company to open the era of 20 trillion won (approximately $13.6 billion) in quarterly operating profit in the fourth quarter of last year, is now projected to set a new record in just one quarter. An analysis suggests that the company is poised to achieve its highest-ever performance in th…