Samsung Electronics Reports Record Fourth Quarter Profit on Artificial Intelligence Driven Memory Chip Surge

Samsung Electronics reported a record 20 trillion won operating profit for the fourth quarter. Strong AI-related chip demand drove massive gains in memory.

洞察:
Samsung Electronics Co., Ltd. , which is based in KR KRKR, announced on Thursday that its operating profit for the fourth quarter more than tripled to a record high of 20 trillion won. This result matched the company’s earlier guidance and represents a significant increase from the 6.49 trillion won recorded in the same period a year earlier. Quarterly revenue rose 24% to 93.8 trillion won compared to the previous year as the global tech sector experiences a massive surge in demand for hardware capable of supporting artificial intelligence applications. According to the report, the exchange rate stands at 1,430.3000 won per dollar.
FILE PHOTO: The logo of Samsung Electronics is seen at the company's store in Seoul, South Korea, April 15, 2025. REUTERS/Kim Hong-Ji/File Photo
FILE PHOTO: The logo of Samsung Electronics is seen at the company's store in Seoul, South Korea, April 15, 2025. REUTERS/Kim Hong-Ji/File Photo
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