It happens at a time when demand for items connected to artificial intelligence (AI) is surging and chip prices are rising after a post-pandemic downturn.
based in South Korea The leading manufacturer of memory chips, smartphones, and televisions worldwide is Samsung.
On April 30, the corporation is expected to produce a comprehensive financial report.
The tech behemoth projected that its operating profit for the January–March quarter reached 6.6 trillion won ($4.9 billion; £3.9 billion), a 931% increase over the same time in 2023. That was more than analysts had predicted—roughly 5.7 trillion won.