Samsung Electronics' chip business experienced a significant profit decline of approximately 40% in the first quarter, primarily attributed to United States export control measures that impeded sales of high-end chips. During this period, the operating profit of the chip division plummeted to KRW 1.1 trillion (roughly USD 770 million), impacted by a drop in average selling prices and a decrease in sales of high-bandwidth memory (HBM) chips as a result of export restrictions. Furthermore, some customers postponed their orders in anticipation of the forthcoming advanced HBM3E products.
