Yonhap Infomax NewsSamsung Electronics posts record Q1 operating profit of 57.2 trillion won, up 755% year-over-year, driven by surging AI data center demand and DRAM price increases, far exceeding market expectations of 44.3 trillion won as memory business maximizes profitability amid supply shortages.
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Samsung Electronics Q1 Operating Profit Surges 755% to 57.2 Trillion Won - Earnings Surprise
Samsung Electronics posts record Q1 operating profit of 57.2 trillion won, up 755% year-over-year, driven by surging AI data center demand and DRAM price increases, far exceeding market expectations of 44.3 trillion won as memory business maximizes profitability amid supply shortages.