Samsung Electronics reported a preliminary operating profit of 6.6 trillion won for the first quarter of this year on the 8th. Compared to the same period last year, this represents a 0.15% decrease. During the same period, sales amounted to 79 trillion won, an increase of 9.84% from the previous year.
Samsung Electronics' operating profit for the first quarter of this year exceeded market expectations by about 30%. According to the earnings consensus compiled by the financial information provider FnGuide, Samsung Electronics was expected to record sales of 77.2208 trillion won and an operating profit of 5.1148 trillion won in the first quarter. Due to the expected sharp decline in average selling prices (ASP) from weakened demand for memory semiconductors in the semiconductor institutional sector (DS), the securities industry anticipated weak performance from Samsung Electronics.
However, the mobile experience (MX) division appears to have recorded better-than-expected performance due to the launch of new products like the Galaxy S25 series and favorable exchange rate conditions. Amid concerns about tariff imposition by the second administration of Donald Trump, the rate of inventory accumulation among memory semiconductor customers is accelerating, while it is analyzed that demand for memory semiconductors has slightly exceeded expectations due to the emergence of AI models such as DeepSeek and China's Yiguhuanxin policy.