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Industry

Samsung Electronics sees NAND, foundry join AI-driven profit engines

Samsung Electronics is seeing a shift in profit drivers in its memory business as NAND flash and its contract chipmaking unit gain traction on AI demand, following record quarterly results led by HBM and DRAM. The company says it has completed mass-production preparations for high-performance Gen6 NAND storage and received positive early customer feedback. It also says talks with multiple large AI HPC customers on its 2-nanometre process are active, with expectations of visible results soon.

Industry

Samsung Electronics posts Q1 operating profit of 57.2 trillion won, up 756 percent

Samsung Electronics said it posted record first-quarter results, with sales rising 69.16 percent from a year earlier to 133.9 trillion won and operating profit jumping 756.10 percent to 57.2 trillion won. Profit was driven by semiconductors as the DS division posted record sales and operating profit amid higher memory prices and growing demand for AI products. The company said currency moves also helped and R&D spending reached 11.3 trillion won.

Industry

Fadu unveils Gen6 controller, FlexSSD at China flash market summit

Data centre semiconductor company Fadu took part in CFMS 2026 in Shenzhen and unveiled its next-generation Gen6 controller and FlexSSD platform, it said on Monday. The company said it used an exhibition booth and a keynote speech to market to local potential customers such as cloud service providers, module makers and server companies. It also showcased its Gen5 controller, which it is supplying to global CSP and OEM customers.