Samsung boosts profits as customers stockpile chips ahead of tariffs

Samsung SDI cuts stock offering price by 14%

SEOUL (Reuters) – Samsung SDI, a South Korean battery maker, cut the pricing of new shares to be issued by 14%, after its stock tumbled in the broad sell-off triggered by U.S. tariff fears. Samsung SDI plans to sell its new shares at 146,200 Korean won ($98.41) each, down from the 169,200 won announced last month. On March 14, Samsung SDI said it would issue 11,821,000 new shares to raise 2 trillion won ($1.4 billion) for a U.S. joint venture wi…

Samsung sees Q1 profit beating estimates

Samsung Electronics has flagged a much smaller-than-feared 0.2% fall in first-quarter operating profit, boosted by solid memory chip sales and strong smartphone demand, partly driven by customers concerned about US tariffs.

Samsung boosts profits as customers stockpile chips ahead of tariffs

Analysts fear semiconductor and consumer electronics sales could stagnate over new duties

Samsung sees Q1 profit beating estimates as looming tariffs spur chip, phone sales

Some customers stockpiled chips ahead of potential US tariffs on semiconductors, analysts said. Read more at straitstimes.com.

Samsung profit up in Q1 but Trump tariffs cloud chips, smartphones

SEOUL -- Samsung Electronics' operating profit rose to 6.6 trillion won ($4.5 billion) in the first quarter, up 1.7% from the previous three months, b

Samsung Electronics posts earnings guidance for Q1 with higher consolidated sales

Last year, Samsung posted an impressive tenfold increase in profit for the first quarter of the year on the back of strong Galaxy S24 sales, as well as favorable prices of memory semiconductors. The Q1 report for this year isn’t ready yet, but the company just posted earnings guidance. Estimates based on K-IFRS show that Samsung is looking at higher consolidated sales of around KRW 79 trillion (up from KRW 72 trillion in Q1 2024), but the operat…