Samsung posts record W57tr profit, crushes estimates on AI memory boom

Samsung Electronics posted record-breaking quarterly earnings that far exceeded market expectations, driven by surging demand for AI memory chips. The company said Tuesday its preliminary operating profit reached 57.2 trillion won ($42.5 billion) on revenue of 133 trillion won, according to a regulatory filing. Operating profit jumped 755 percent from 6.69 trillion won a year earlier, while revenue rose 68.1 percent from 79.14 trillion won. The results also surpassed the company's previous recor

By The Korea Herald