The South Korean company Samsung Electronics has published preliminary results for the first quarter of 2026.

Consolidated revenue is expected to be 133 trillion won (about $88.6 billion), up 40 trillion from the previous quarter and 54 trillion more than a year ago. The operating profit is expected to be 57.2 trillion won - almost half of revenue and a margin compared to 21% at the end of 2025.

The main driver of rapid growth is the continuing memory chip deficit in the wake of surging demand from the AI industry. Samsung, along with SK Hynix and Micron, sells almost everything it produces. Analysts assume a doubling of memory prices in the near term, and Micron estimates that demand and supply imbalances will persist.