Samsung Electronics Co Ltd reported a 51% rise in January-March profit on Thursday, posting its highest first-quarter profit since 2018 as robust data centre demand for high-margin memory chips underpinned prices.
Operating profit rose to 14.1 trillion won ($11.1 billion) for the quarter ended March 31 from 9.38 trillion won a year earlier, the world's top maker of memory chips said. That was in line with the company's own estimate of 14.1 trillion won earlier this month.
