16:37 - 30.04.2026

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April 30, Fineko/abc.az. Samsung Electronics' semiconductor division ended the 1st quarter of 2026 with operating profit of 53.7 trillion wons ($36 billion), which is 48-fold more than a year earlier.

The net profit of the entire group was 47.1 trillion wons.

ABC.AZ informs, referring to Bloomberg, growth is linked with the high profitability of AI solutions and increased investments from large technology companies, including Meta and Alphabet. Amid memory shortages and rising contract prices, analysts expect Samsung's profits to increase further in the coming quarters.

Exports of semiconductors from South Korea grew 2.8-fold in the first 20 days of April.

Meanwhile, about 40,000 Samsung employees went on strike, demanding higher salaries and threatening to expand the protests in May. Analysts disagree about the possible impact on production.