Samsung Electronics logs record quarterly revenue on strong smartphone, chip demand in Q1

Samsung Electronics reported its highest-ever quarterly revenue in the first quarter of the year.

The South Korean tech giant on Wednesday reported revenue of 7-point-9 trillion won, more than 55 billion U.S. dollars during the January to March period, up around 10 percent from the previous year.

This surpasses the previous quarterly record set in the third quarter of 2024.

And its operating profit came to around 4-point-7 billion U.S. dollars during the January to March period, a slight on-year rise of 1-point-2 percent.

The rise in earnings was largely driven by strong performance in the smartphone unit, fueled by the popularity of the Galaxy S25, as well as solid results from the semiconductor unit.