Samsung Electro-Mechanics profit jumps 40% on AI demand
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Source: The Korea Herald
Published: 2026-04-30 15:01 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Technology & AI, Financial Markets
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Snippet:
Samsung Electro-Mechanics on Thursday posted first-quarter operating profit of 280.6 billion won ($189 million), up 40 percent from a year earlier and well above the 271.5 billion won analysts had expected, as demand for the high-end semiconductor substrates used in AI accelerators drove the strongest growth in the components maker's portfolio.
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