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Samsung Electronics posts record Q1 profit on chip rebound
April 30, 2026
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Samsung Electronics said Thursday its first-quarter operating profit jumped 756.1 percent on-year to 57.23 trillion won (38.5 billion), hitting a quarterly high as its chip business accounted for the bulk of earnings. Revenue rose 69.2 percent on-year to 133.87 trillion won in the January-March period, while net profit climbed 474.3 percent to 47.23 trillion won, the company said in a regulatory filing.
The results came in well above market expectations. According to financial data provider FnG
The korea Herald News
Coverage and analysis from South Korea. All insights are generated by our AI narrative analysis engine.
South Korea
Bias: center
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