Samsung (electronics company)Sānxīng三星first quarteryī jìdù一季度profitlìrùn利润to set (a record)chuàng创new high / record highxīn gāo新高,year-on-yeartóngbǐ同比to growzēngzhǎng增长more than / exceedingchāoguò超过750 percent750%750%。
May 13, 2026 at 5:00 AM
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BusinessSamsung First-Quarter Profit Surges Over 750 Percent to Record High on AI Memory Demand
Samsung Electronics first-quarter profit surged over 750 percent to a new record high, driven mainly by AI memory chip demand.
Samsung Electronics announced its first quarter financial results. The company's profit grew more than 750 percent year-on-year, setting a historical new high.
The semiconductor division achieved operating profit of 53.7 trillion Korean won. AI memory chip demand remains very strong, and Samsung's orders have increased significantly.
Analysts predict that Samsung Electronics' profit could reach 100 trillion Korean won this year. Samsung and SK Hynix are South Korea's two largest chip companies.
Driven by strong AI chip demand, semiconductor companies continue to see impressive growth. The global appetite for high-performance memory chips supporting AI applications remains robust.
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