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Samsung Q1 Profit Soars to $37.8 Billion Amid AI Demand

4/10/2026

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Summary

Story summary

Samsung Electronics reported Q1 2026 operating profit of 57.2 trillion won ($37.8 billion), eightfold from a year earlier.
Revenue reached 133 trillion won, driven by demand for AI chips, despite rising memory prices and geopolitical tensions.
The mobile division earned about 4 trillion won, but may decline in Q2 due to memory-chip costs.
Analysts project operating profit reaching 75 trillion won in Q2, supported by DRAM price increases over 30%.

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Story summary

Samsung Electronics reported Q1 2026 operating profit of 57.2 trillion won ($37.8 billion), eightfold from a year earlier.
Revenue reached 133 trillion won, driven by demand for AI chips, despite rising memory prices and geopolitical tensions.
The mobile division earned about 4 trillion won, but may decline in Q2 due to memory-chip costs.
Analysts project operating profit reaching 75 trillion won in Q2, supported by DRAM price increases over 30%.