Samsung surpasses Nvidia to become the world's most profitable company

According to Mars Finance, citing Gelongbao, Samsung Electronics disclosed in its preliminary earnings report that its operating profit for the April-June period is expected to reach 89.4 trillion won, approximately US$58.4 billion, setting a new quarterly record and representing a 56% increase compared to the previous quarter. This exceeds analysts' average expectation of 84.2 trillion won. During the same period, Samsung Electronics' revenue is expected to reach 171 trillion won, exceeding market expectations of 169.2 trillion won and representing a year-on-year increase of approximately 129%. The company plans to release its full financial report on July 30, at which time it will disclose net profit and data by business segment. The report states that Samsung Electronics' quarterly operating profit has surpassed Nvidia, making it the company with the highest quarterly operating profit globally. The chart shows that among major technology companies, Samsung Electronics ranked first with $58.4 billion in quarterly operating profit, Nvidia ranked second with $53.5 billion, Alphabet (Google) ranked third with $39.7 billion, Microsoft ranked fourth with $38.4 billion, and Apple ranked fifth with $35.9 billion.