Samsung's Chips Business Beats Estimates After Stockpiling Push
Samsung Electronics Co. 's chip division reported better-than-expected profit after Chinese customers rushed to stockpile supplies ahead of US tariffs.
The semiconductor business reported operating income of 1.1 trillion won ($767 million) in the March quarter. The unit's revenue totaled 25.1 trillion won, in line with the average estimate for 25 trillion won.
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