Samsung has reported a strong profit for its fourth quarter earnings report, driven by a high demand for chips that can support AI.
The tech giant is currently the world's largest maker of memory chips, a beneficial position as the artificial intelligence boom continues.
In Q4, Samsung's profit tripled, to 20.1 trillion KRW (A$19.9 billion), beating the previous record of 17.6 trillion in Q3 2018.
Revenue inched out ahead of expectations, posting 93.8 trillion KRW, while 93.18 was expected.
Accounting for a bulk of the earnings this quarter was Samsung's chip-making division, which doubled earnings profits compared to the quarter beforehand.
Earnings per share (EPS) for this quarter came in at 2,909 KRW, up from 1,802 in Q3.
For Q1 of 2026, analysts are now expecting an earnings per share posting of KRW 2413.81, and 91.36 trillion in revenue.
At the time of writing, Samsung Technology (KRX: 005930) shares were down 0.68% to 161,300 KRW, and the company's market cap is 1044.19 trillion KRW.
