Samsung Q1 profit beats forecast on chip and phone demand

Post by: Pratik Kumar

Photo : Reuters

Samsung, a big phone and electronics company, made more money than people thought it would in the first three months of 2025. This is because it sold a lot of memory chips and Galaxy S25 phones.

Stay informed with the latest news. Follow DXB News Network on WhatsApp Channel  

Many people bought these products early because they are worried the United States might soon put extra taxes on things made in other countries. These new taxes could make products more expensive later.

Samsung said it made 6.6 trillion won (about $4.49 billion) between January and March. This is almost the same as last year and more than experts expected.

Many customers bought and saved memory chips early. Even though chip prices went down a little, Samsung still sold more because people were buying before taxes go up.

After Samsung shared this, its stock price went up by 2.6%, which means more people wanted to buy Samsung’s shares.

The new Galaxy S25 phones also helped. These phones were liked by many people. In North America, some shops bought many phones early, before the U.S. government adds new taxes. This helped Samsung sell more phones during this time.

But Samsung might not do as well in the next few months. Experts think phone sales may slow down soon because many customers have already bought what they need. Also, not many people are buying the new fast memory chips yet.

Samsung also makes chips for other companies. This part of the business is having problems because it’s harder to send some chips to China. China is one of Samsung’s biggest markets.

Samsung is also changing its leadership because one of its top leaders passed away recently. The company will share full details about this year’s start at the end of April.

At a recent company meeting, Samsung said it didn’t react fast enough to changes in the chip market. Still, it hopes things will get better later this year as more people want new phones and computers.

Samsung plans to start sending new and better memory chips to big companies later this year. This might help it grow again.

Other tech companies in South Korea also said people are buying early because of the possible taxes. But they are still being careful and not saying the market is fully back to normal.

#trending #latest #Samsung #GalaxyS25 #Smartphones #TechNews #ChipMarket #USATariffs #Electronics #MobilePhones #Q1Earnings #TechUpdates #SouthKorea #MemoryChips #GlobalTrade #SamsungNews #PhoneLaunch #SimpleNews #TechIndustry #headlines #topstories #globalUpdate #dxbnewsnetwork #dxbnews #dxbdnn #dxbnewsnetworkdnn #bestnewschanneldubai #bestnewschannelUAE #bestnewschannelabudhabi #bestnewschannelajman #bestnewschannelofdubai #popularnewschanneldubai