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Samsung’s first-quarter operating profit and revenue beat expectations as chip sales rise

  • Samsung Electronics reported a better-than-expected rise in first-quarter net profit on Wednesday.
  • This occurred as consumers rushed to buy smartphones amid US tariff threats.
  • The South Korean tech giant reported 8.22 trillion won in net profit.
  • Net profit rose 21.7 percent on-year, with sales increasing 10 percent.
  • Concerns exist regarding potential steep tariffs on phones made in Vietnam.
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Samsung Electronics posts 22% jump in Q1 net profit

South Korean tech giant Samsung Electronics reported a better-than-expected 21.7 percent rise in first-quarter net profit on Wednesday as consumers rushed to buy smartphones under the looming threat of US tariffs.

·Missoula, United States
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The Korea Times broke the news in Korea, Republic of on Wednesday, April 30, 2025.
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