Economy Country 2026-04-07T21:17:44+00:00

Samsung Forecasts Record Profit Amid AI Demand

Samsung Electronics forecasts first-quarter profit to surpass last year's total, beating estimates due to rising demand for AI infrastructure and increased semiconductor revenue.


Samsung Forecasts Record Profit Amid AI Demand

Samsung Electronics on Tuesday forecast that its first-quarter profit would surpass its total profit for last year and beat estimates amid growing demand for artificial intelligence infrastructure. The company also reported a significant increase in revenue from its semiconductor business, which is a key factor in achieving such results. Experts believe this indicates Samsung's strong position in the high-tech market. At the same time, the company faces competition from other chip manufacturers.