Samsung sees Q1 profit beating estimates as looming tariffs spur chip sales
Sales of conventional memory chips used in consumer electronic devices such as smartphones as well its AI chips likely came in better than expected, with some customers stockpiling chips ahead of potential U.S. tariffs on semiconductors, analysts said.
The world's largest memory chipmaker estimated an operating
profit of
That would compare with
Samsung is expected to release detailed results including a breakdown of earnings for each of its businesses in late April.
Analysts noted that Samsung's smartphone shipments rose in the first quarter, driven in part by preemptive shipments in certain channels, which they estimate were made in anticipation of the U.S. tariffs.
Last week, U.S. President Donald Trump announced a slew of
reciprocal tariffs on trading partners, including
Micron Technology in March forecast third-quarter
revenue above
(Reporting by
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