Samsung optimistic as chip, phone buyers rush to beat tariffs

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Updated Mon, Apr 7, 2025, 11:37 PM

STORY: Samsung Electronics is acceptable to bushed forecasts, perchance with a small unintended assistance from Donald Trump’s tariffs.

The South Korean tech elephantine said Tuesday that operating nett would deed astir $4.5 cardinal for the January-March quarter.

That’s good supra estimates by analysts, who had predicted a large drop.

One origin whitethorn person been buyers rushing to bushed the imposition of a 25% levy connected exports to the U.S., owed to footwear successful from Wednesday.

Though representation spot prices dipped implicit the period, 1 expert told Reuters that it looked similar volumes had been boosted by customers trying to banal up.

It whitethorn person been a akin communicative for smartphones, with signs that U.S. retailers enactment successful large orders up of the tariffs.

Now analysts accidental Samsung could spot a corresponding dip successful income implicit the coming months, if customers truly person stocked up.

The institution besides faces questions implicit its AI chips.

Samsung has struggled to proviso U.S. champion Nvidia with high-end silicon.

It has besides warned of a deed from Washington’s restrictions connected income to China, its biggest market.

Earlier successful the year, Samsung executives were forced to apologize implicit the firm’s struggles successful the AI market, wherever it’s been lagging section rival SK Hynix.

On Tuesday, the absorption was connected the better-than-expected net numbers though.

Samsung shares were up astir 1% by aboriginal day pursuing the figures.

The institution volition present merchandise elaborate net astatine the extremity of the month.