Samsung Electronics operating profit rises slightly in Q1

ReutersApr 30, 2025 12:15 AM

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SEOUL, April 30 (Reuters) - Samsung Electronics 005930.KS reported on Wednesday a small rise in first-quarter operating profit, as customers concerned about U.S. tariffs rushed to purchase smartphones and commodity chips, mitigating the impact of its underperforming artificial intelligence chip business.

The world's largest memory chip maker reported 6.7 trillion won ($4.68 billion) in operating profit for the quarter ended in March, up 1.2% from a year earlier and in line with its earlier estimate of 6.6 trillion won.

($1 = 1,431.5000 won)

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