Samsung Electronics Records All-Time High Operating Profit in Q1 2026

Seoul (ANTARA) - South Korean technology giant Samsung Electronics recorded its all-time highest operating profit in the first quarter, thanks to strong semiconductor demand. According to the company on Thursday, Samsung’s operating profit soared 756.1% from the previous year to an all-time record of 57.23 trillion won (1 won = Rp11.72) in the January-March 2026 quarter. Its revenue jumped 69.2% to a new all-time high of 133.87 trillion won, and net profit soared 474.3% to 47.23 trillion won. The record revenue was driven by surging demand for memory chips and rising chip prices. Samsung’s chip-making business recorded an operating profit of 53.7 trillion won with revenue of 81.7 trillion won in the quarter ending 31 March. Samsung stated that it exceeded quarterly sales records by meeting demand for high value-added artificial intelligence (AI) despite limited supply availability, with industry-wide memory price increases also serving as a supporting factor. The company expects chip demand to remain strong in Q2 2026 amid AI infrastructure expansion and plans to ship the first samples of its HBM4E to strengthen technical leadership. Its display panel unit booked an operating profit of 0.4 trillion won with revenue of 6.7 trillion won in the January-March 2026 quarter. Revenue for small and medium-sized displays declined due to seasonal effects, but revenue for large displays maintained stable sales due to strong demand for OLED gaming monitors. The mobile phone and network unit generated an operating profit of 2.8 trillion won with revenue of 38.1 trillion won. Mobile phone sales increased as a result of a premium product mix in Q1 2026, but the company expects mobile sales to decline in Q2 2026 amid waning effects from new model launches. The TV and home appliances division booked an operating profit of 0.2 trillion won with revenue of 14.3 trillion won or approximately 9.6 billion US dollars.