Samsung and SK Hynix post record profits exceeding India Inc

May 11, 2026

Ti AI ṣe iroyin

South Korean chipmakers Samsung and SK Hynix reported combined profits of $59.7 billion for the March 2026 quarter. The figure tops the aggregate earnings of all listed Indian companies in any previous quarter. Strong demand for memory chips tied to artificial intelligence drove the results.

The two firms achieved these record earnings amid rising global spending on AI infrastructure. Memory chips, essential components in data centers and advanced computing systems, formed the core of the profit surge.

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Illustration depicting SK hynix's record Q1 profits from AI demand, with executives and glowing chips in a high-tech boardroom.

SK hynix posts record Q1 operating profit of 37.61 trillion won

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SK hynix reported record Q1 sales of 52.58 trillion won and operating profit of 37.61 trillion won ($25.42 billion) on Thursday. The figures marked year-on-year increases of 198 percent in sales and 405.5 percent in operating profit, driven by strong AI infrastructure demand. Net profit also hit a record 40.34 trillion won ($27.3 billion).

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June 24, 2026 13:22

Samsung and SK Hynix post record profits exceeding India Inc

Awọn iroyin ti o ni ibatan

SK hynix posts record Q1 operating profit of 37.61 trillion won

Samsung Electronics confirms record Q1 operating profit of 57.23 trillion won on AI chip boom

Samsung Electronics forecasts record Q1 operating profit of 57.2 trillion won

SK Group listed firms exceed 2,000 trillion won in market value

Seoul shares close at record high on Samsung gains

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Micron sales forecast lifts Asian markets and US futures

South Korea's exports hit record high of $87.8 billion in May

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