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30/04/2026 02:20 (UTC)

SOUTH KOREA COMPANY INFORMATION

Samsung first-quarter net profit surges on AI chip demand

SEOUL (Korea, Republic Of), 30/04/2026.- Employees enter the headquarters of Samsung Electronics Co. in Seoul, South Korea, 30 April 2026. Samsung said its first-quarter net profit surged more than fivefold from a year earlier to 47.22 trillion won (31.8 billion US dollars), driven by robust demand for high-end memory chips used in artificial intelligence applications. (Corea del Sur, Seúl) EFE/EPA/YONHAP SOUTH KOREA OUT

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