Samsung Electronics reported a sharp rise in first-quarter earnings, with net profit increasing more than fivefold compared to the same period last year, fueled by strong global demand for artificial intelligence (AI)-focused semiconductor products. The company said net profit for the quarter ending March reached 47.22 trillion won (approximately $31.8 billion), up significantly from 8.22 trillion won recorded a year earlier. The growth reflects accelerating adoption of AI technologies and increased demand for high-performance memory chips.
Operating profit also recorded a substantial jump, rising more than eight times to 57.23 trillion won, compared to 6.68 trillion won in the corresponding period last year. Meanwhile, total sales climbed 69.2 percent to 133.87 trillion won, marking one of the company’s strongest quarterly performances.
Samsung attributed the surge to its device solutions division, where high-margin AI chips and improved memory pricing played a central role in boosting profitability. The rising importance of AI infrastructure, including data centers and advanced computing systems, has significantly strengthened demand for premium semiconductor products.
Industry analysts note that the global push toward AI adoption across sectors from cloud computing to automation is reshaping the semiconductor landscape, positioning companies like Samsung at the forefront of growth.
The latest earnings underscore how rapidly evolving AI technologies are driving structural shifts in the global electronics market, with semiconductor firms benefiting from increased investment in next-generation computing capabilities.
