AssetID: 54653401
Headline: UNCAPTIONED: Samsung Q1 Profit Surpasses Expectations Amid Tariff Fears and Strong Sales
Caption: Samsung Electronics reported a 0.2% fall in Q1 operating profit, better than expected, at 6.6 trillion won ($4.49 billion). The company's performance was boosted by solid memory chip sales and strong smartphone demand, partly driven by concerns over U.S. tariffs. Analysts noted that customers were stockpiling chips ahead of potential U.S. tariffs on semiconductors. Samsung’s memory chip division saw better-than-expected results, despite a dip in general memory prices. The company’s operating profit is slightly lower compared to 6.61 trillion won from the same period last year. Samsung’s AI features in the Galaxy S25 helped drive strong smartphone sales, especially in North America. Shares of Samsung rose 2.6% in morning trade, outperforming the KOSPI's 1.6% rise following the preliminary earnings. Samsung expects a weaker Q2, with analysts predicting stagnation in operating profit due to delays in securing new customers for high-bandwidth memory chips. The company warned that U.S. export restrictions to China affected its AI chip sales in Q1. Samsung hopes for a recovery in the second half of the year with strong demand for smartphones and data centers, alongside new HBM3E chip supplies. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,Samsung Electronics,Q1 profit,operating profit,memory chip sales,smartphone demand,U.S. tariffs,semiconductor tariffs,AI chips,Galaxy S25,memory prices,high-bandwidth memory,chip shipments,chip division,Samsung earnings,semiconductor industry,AI chip market,foundry business,HBM chips,stockpiling,tariff impact,Samsung restructuring,chip market recovery
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