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Samsung Electronics posts 57.2 trillion won earnings surprise, beating estimates on semiconductor boom

Samsung Electronics posted preliminary first-quarter operating profit of 57.2 trillion won on revenue of 133 trillion won, far above securities firm estimates. The result was driven by surging memory prices and strong memory exports, with DRAM and NAND cited as key contributors. Analysts expect weaker performance in non-semiconductor units, including MX and displays, while the foundry business is still estimated to be loss-making.