Samsung Electronics posts $4.67 bil. in Q1 operating profit

Samsung Electronics announced Wednesday that it posted an operating profit of 6.7 trillion won ($4.67 billion) in the first quarter of this year, up 1.2 percent from a year earlier. Revenue stood at 79.14 trillion won, marking a 10.05 percent increase over the same period. This marks the highest quarterly revenue in Samsung Electronics’ history, driven by strong sales of the Galaxy S25 series and increased sales of high-value-added products in home appliance businesses. Among its business units, the Device Experience division, which includes smartphones, mobile devices, TVs and other consumer electronics, recorded sales of 51.7 trillion won and an operating profit of 4.7 trillion won. This represents a 28 percent growth in sales compared to the previous quarter. The chipmaking Device Solutions division posted sales of 25.1 trillion won and an operating profit of 1.1 trillion won in the first quarter, suffering a 17 percent decrease in revenue from three months earlier. The company explained that the drop was largely due to weakened sales of high-bandwidth memory chips used in artificiaWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times