"Samsung MX and the Network Businesses division brought in KRW 38.1 trillion in consolidated revenue and made KRW 2.8 trillion in operating profit during the first quarter."
"Device Solutions posted KRW 81.7 trillion in revenue, reaching an all-time high, with an operating profit of KRW 53.7 trillion, compared to KRW 1.1 trillion last year."
"The memory business broke its quarterly sales record, thanks to high-value products for the AI market, including HBM4 and SOCAMM2 memory for Nvidia's Vera Rubin."
Samsung Electronics reported KRW 38.1 trillion in consolidated revenue and KRW 2.8 trillion in operating profit for Q1. The mobile division faces potential annual losses, despite Galaxy phones remaining profitable. Revenue is expected to decline in the next quarter, but higher revenue is forecasted for 2026. Device Solutions achieved record revenue of KRW 81.7 trillion, an 86% increase quarter on quarter, with significant contributions from the memory business driven by AI products. Operating profit for Device Solutions reached KRW 53.7 trillion, a substantial increase from the previous year.
Read at GSMArena.com
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