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Samsung Electronics Q1 Net Profit Rises; Revenue Up 69%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Samsung Electronics (005930.KS,SMSN.L,005935.KS) said it achieved record quarterly revenue and operating profit through AI technology innovations and proactive market response. First quarter profit attributable to owners of the parent was 47.1 trillion Korean won, compared to 8.0 trillion won, prior year. Operating profit was 57.2 trillion won, compared to 6.7 trillion won.

First quarter revenue was 133.9 trillion Korean won, up 69% from last year. DS - Semiconductor sales were 81.7 trillion won, an increase of 86% from previous year. DX - Mobile / VD / DA sales were 52.7 trillion won, up 19%.

Shares of Samsung Electronics are trading at 2,24,500 won, down 0.66%.

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Business News

Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.