On April 30, Samsung Electronics unveiled its financial results for the first quarter, showcasing an astonishing 756.1% year-on-year leap in operating profit, which soared to KRW 57.23 trillion (roughly USD 38.5 billion). This figure sets a new quarterly record, with the chip sector playing a pivotal role as the main profit generator. Concurrently, revenue witnessed a substantial 69.2% year-on-year increase, reaching KRW 133.87 trillion, while net profit skyrocketed by 474.3% to KRW 47.23 trillion. Notably, the Device Solutions division, which oversees semiconductor operations, reported revenue of KRW 81.7 trillion and operating profit of KRW 53.7 trillion, significantly outperforming market forecasts. Based on FnGuide data, local brokerage firms had initially estimated revenue at KRW 117.13 trillion and operating profit at KRW 38.12 trillion. Additionally, Samsung Electronics' revenue and operating profit for this quarter both eclipsed the previous quarter's historical highs (KRW 93.84 trillion and KRW 20.07 trillion, respectively).