
As major US tariffs are starting to disrupt manufacturers, Samsung managed to get a small boon as customers bought its memory and phones for fear of tariffs bringing prices up.
According to a report by Reuters, Samsung made an estimated operating profit of 6.6 trillion won ($4.47 billion) for the January to March period this year, which is 1.5 trillion ($1 billion) more than the 5.1 trillion ($3.4 billion) estimated by the London Stock Exchange Group. This figure is slightly smaller than the same period last year but higher than what Samsung made in the previous quarter.